2016-05-10

Cree and Kingbright Settle Patent Dispute and Sign License Agreement

Cree, a leader in LED lighting, announced today that it has reached a confidential settlement in its patent infringement lawsuit with Kingbright, Inc. Kingbright and Cree have agreed to a royalty bearing, worldwide license to the Cree patents-in-suit, thereby ending the lawsuit between the parties.
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The Fighting Illini turned to Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, to design, manufacture and install the largest main video display in college football, totaling 17,300+ square feet. The project includes 16 LED displays that c... READ MORE

Since January 1, 2026, drivers in Spain have been required to carry certified V16 warning lights on expressways and highways, which are directly connected to the traffic authorities when in use. With the LEDguardian ROAD FLARE Signal V16 IoT, ... READ MORE