General Electric, Vestas Wind Settle Patent Dispute

Date : 06/25/2019 @ 3:53PM
Source : Dow Jones News
Stock : General Electric Company (GE)
Quote : 10.28  0.01 (0.10%) @ 4:23PM

General Electric, Vestas Wind Settle Patent Dispute

Gen Electric (NYSE:GE)
Historical Stock Chart

1 Month : From Jun 2019 to Jul 2019

Click Here for more Gen Electric Charts.

By Adria Calatayud


General Electric Co. (GE) and Vestas Wind Systems AS (VWS.KO) have reached a settlement to a dispute relating to multiple patent-infringement claims in the U.S., the Danish wind-turbine maker said Tuesday.

As part of the agreement, GE will drop a lawsuit against Vestas launched in July 2017 and the Danish company will abandon its two counterclaims against GE, Vestas said. The settlement also includes a confidential payment from Vestas to GE as well as a cross-license to the patents-in-suit and their family members, Vestas said.

Any past infringements of the patents-in-suit are fully released, the Danish company said.


Write to Adria Calatayud at


(END) Dow Jones Newswires

June 25, 2019 10:38 ET (14:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest GE Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.