Cree and Harvatek Settle Patent Dispute

Cree a leader in LED lighting, announced that it has reached a confidential settlement in its patent infringement lawsuit with Harvatek. Harvatek has agreed to a royalty bearing, worldwide license to the Cree patents-in-suit, thereby ending the lawsuit between the parties. Harvatek will pay Cree a license issue fee and ongoing royalties as part of the license agreement.

 “Cree’s focus on innovation has led to sophisticated, energy efficient lighting products and a significant, broad-reaching, LED and LED lighting patent portfolio,” said Brad Kohn, vice president legal and general counsel for Cree. “Harvatek filed two meritless patent infringement countersuits in California. Both were quickly dismissed with prejudice and with no compensation paid by Cree. Cree’s original patent infringement lawsuit has now been settled, resulting in a license agreement that properly compensates Cree for the use of our IP.”

Cree has developed an extensive LED patent portfolio after many years of intensive R&D, with numerous patents still pending. Major LED manufacturers make use of Cree’s patented technology and have signed license agreements with Cree to secure these rights. Where the license has been publicly announced, Cree licensees are listed on http://www.cree.com/About-Cree/Licensing/Licensees.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

As the world of LEDs continue to evolve, manufacturers are fervently trying to get the latest technologies in the hands of consumers. But with a flood of options, end-users are oftentimes inundated with gadgets that have short shelf lives or h... READ MORE

Foreverlamp has expanded their LED High-Bay Series with a new Industrial LED high-bay fixture designed to withstand wet, dusty and harsh industrial environments. The new HB Industrial Series fixture is IP66 rated and UL listed for wet conditio... READ MORE