- GE and Vestas announced yesterday that they have reached a settlement in their long-running patent battle over “Zero Voltage Ride Through” or “ZVRT” technology.
- The parties are taking actions to dismiss all aspects of the dispute, including a patent infringement lawsuit being heard in federal court and multiple patent validity challenges at the Patent Trial and Appeal Board.
GE and Vestas have announced “an amicable settlement of all disputes related to multiple patent infringement claims in the U.S.,” bringing to an end their long-running patent battle over “Zero Voltage Ride Through” or “ZVRT” technology. Although details remain confidential, the parties announced that the settlement agreement includes:
- A full release of liability for any past infringement of the patents-in-suit;
- A cross-license of the patents-in-suit and their family members; and
- A confidential payment from Vestas to GE.