GE Settles Beef With Siemens Gamesa. But Something Else Matters More for GE Stock.

General Electric

and Siemens Gamesa Renewable Energy have gone back and forth arguing over wind power patents for years. That appears to be over. GE shares could get a boost on Friday, but not because of any settlements.

GE (ticker: GE) announced that it had reached an “amicable” settlement with Siemens Gamesa regarding “all their wind turbine technology patent disputes in the United States and Europe on confidential terms and have granted each other and their respective subsidiaries worldwide cross licenses under the asserted patent families, for the life of those patent families.”