On the Record · Solaredge Technologies
Solaredge Technologies acquisitions, on the record
The businesses Solaredge Technologies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Hark Systems Ltd. ("Hark"), a UK-based energy IoT companyWord for word“On April 6, 2023, the Company completed the acquisition of all outstanding shares of Hark Systems Ltd. ("Hark"), a UK-based energy IoT company for the commercial and industrial ("C&I") sector for approximately $ 18,346 in cash, out of which $ 1,245 held by the company for a period of one year.” 10-K for 2023 | acquisition | April 6, 2023 | approximately $ 18,346 in cash |
Weev Energy B.F. Ltd. (Wevo)Word for word“In addition, in April 2024, we completed the acquisition of all outstanding shares in Weev Energy B.F. Ltd., ("Wevo").” 10-K for 2024 | acquisition | April 2024 | — |
Hark Systems Ltd. (Hark)Word for word“In April 2023, SolarEdge completed the acquisition of all outstanding shares of Hark Systems Ltd. ("Hark"), a UK-based energy IoT company for the C&I sector.” 10-K for 2024 | acquisition | April 2023 | — |
WevoWord for word“On April 1, 2024, the Company completed its acquisition of all of Wevo's remaining outstanding shares for approximately $ 13,331 in cash.” 10-K for 2024 | acquisition | On April 1, 2024 | approximately $ 13,331 in cash |
light commercial vehicle e-Mobility (LCV) activityWord for word“In October 2023, the Company decided to discontinue its light commercial vehicle e-Mobility ("LCV") activity (see Note 25).” 10-K for 2024 | divestiture | October 2023 | — |
Energy Storage activityWord for word“In November 2024, the Company decided to discontinue its Energy Storage activity (see Note 25).” 10-K for 2024 | divestiture | November 2024 | — |
Wevo Energy Ltd.Word for word“In April 2024, we completed the acquisition of all outstanding shares in Wevo Energy Ltd., (formerly known as Weev Energy B.F Ltd) (“Wevo”).” 10-K for 2025 | acquisition | April 2024 | — |
last battery cell manufacturing facility in South KoreaWord for word“On September 4, 2025, as part of the decision to close our Energy Storage Division, we sold our last battery cell manufacturing facility in South Korea.” 10-K for 2025 | divestiture | September 4, 2025 | — |
PV tracker businessWord for word“In April 2025, we divested from our PV tracker business, as part of our effort to focus on our core activities.” 10-K for 2025 | divestiture | April 2025 | — |
remaining e-Mobility activityWord for word“On February 11, 2026, as part of the decision to discontinue its LCV e-Mobility activity, the Company completed the sale of its remaining e-Mobility activity for an amount of $ 12,000 .” 10-K for 2025 | divestiture | February 11, 2026 | $ 12,000 |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-12-31 | $94.7 million | $34.4 million |
| 2019-12-31 | $38.4 million | $97.5 million |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $0 | — |
| 2022-12-31 | $0 | — |
| 2023-12-31 | $16.7 million | $12.3 million |
| 2024-12-31 | $10.4 million | $11.3 million |
| 2025-12-31 | $0 | — |
Deal filings since 2016
- 2024-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-01-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Solaredge Technologies’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.