SolarEdge settles patent infringement lawsuit with Ampt, grants 10-year cross-licenses

SOLAREDGE TECHNOLOGIES, INC.

Ampt LLC filed patent infringement complaint against SolarEdge in July 2022 at ITC and Delaware court.
On May 9, 2023, parties agreed to dismiss all proceedings and entered settlement agreement.
Each party granted the other 10-year cross-licenses for certain intellectual property.
No financial terms of the settlement were disclosed.

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