Tigo Energy resolves multi-year patent infringement litigation with SMA Solar

Tigo Energy (TYGO) announced it has reached a multi-year settlement with SMA Solar Technology (SMTGF) over litigation regarding infringement of Tigo intellectual property by SMA. The settlement concludes the infringement complaint brought by Tigo on July 11, 2022. Terms of the settlement will remain undisclosed. Tigo stated the settlement reinforces the validity of its intellectual property.