2014-08-29

Hot Picks of the Week Aug. 25-29

Cree and Lextar’s investment agreement has caught the industry’s attention this week. Cree will become Lextar’s second largest shareholder after investing US $83 million to acquire 13% stake in the company. The U.S. manufacturer is most likely seeking a long-term economic LED chip supplier to retain a competitive edge in the market, according to LEDinside’s Research Director Roger Chu. 
Continue reading

Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE