LOUDON, TN--(Marketwired - November 11, 2016) - Malibu Boats (NASDAQ: MBUU), the world's largest manufacturer of watersports towboats, announced today that it has licensed its industry-leading wakesurfing patent portfolio to Tige Boats. Tige will use its license to continue equipping its product line with its existing wake surf offerings, but will not be offering Surf Gate or the Surf Gate brand.