2016-12-09

Hot Picks of the Week Dec. 5-9

The finale of Aixtron’s sale to Grand Chip Investment ended with the Chinese investor dropping the deal after U.S. President Barack Obama prohibited the German equipment maker from transferring key U.S. patents and assets to the acquisitor, due to national security concerns. In brief, Aixtron’s equipment can be used to make GaN wafers that are used in U.S. military applications including Patriot missiles. The German equipment maker is currently considering to sell parts of its business off instead, after the deal with the Chinese investor failed.
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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