SolarEdge Technologies Settles Intellectual Property Claim With Ampt
Provided by
Dow Jones
By Sabela Ojea
SolarEdge Technologies Inc. said Tuesday it entered into an intellectual-property related settlement with private solar energy company Ampt.
The developer of energy technology said in a U.S. Securities Exchange filing that both parties have granted each other 10-year cross-licenses for certain intellectual property.
Ampt, whose products feature patented technology to enable photovoltaic systems, last July filed a complaint against SolarEdge Technologies with the International Trade Commission alleging patent infringement in the Delaware court.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
May 09, 2023 17:30 ET (21:30 GMT)
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