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)

Copyright (c) 2023 Dow Jones & Company, Inc.
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