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I was expecting a much more damning copy. They just took one bit of yours, and that's it. They are also not a competitor, so there's less (if any) likelihood of anyone confusing them for you.

All in all I'd say this is not the worst thing that could happen, and there's little reason to pursue this.

It's not even an exact ripoff. The part of the original logo is generic enough that it's probably up for debate whether this is just happenstance.