May 9, 2018 / 8:16 PM / 12 days ago

BRIEF-SolarEdge Enters UPS Market With Agreement To Acquire Gamatronic

May 9 (Reuters) - Solaredge Technologies Inc:

* SOLAREDGE ENTERS UPS MARKET WITH AGREEMENT TO ACQUIRE GAMATRONIC, A UPS TECHNOLOGY LEADER

* SOLAREDGE ENTERS UPS MARKET WITH AGREEMENT TO ACQUIRE GAMATRONIC, A UPS TECHNOLOGY LEADER

* SOLAREDGE TECHNOLOGIES INC - PURCHASING SUBSTANTIALLY ALL OF GAMATRONIC’S ASSETS, INCLUDING ITS INTELLECTUAL PROPERTY, BRAND, AND TANGIBLE ASSETS

* SOLAREDGE TECHNOLOGIES INC - UPON CLOSING OF AGREEMENT, ABOUT 100 OF GAMATRONIC’S EMPLOYEES WILL BE REHIRED AS SOLAREDGE EMPLOYEES Source text for Eikon: Further company coverage:

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