Hot Picks of the Week Dec. 12-16-LEDinside

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2016-12-16

Hot Picks of the Week Dec.12-16

Towards the end of 2016, more mergers and acquisition talks have been concluded. CFIUS opposition against Go Scale Capital acquiring Lumileds for US $3.3 billion earlier in January resulted in the wipe out of US $1.3 billion in company value for the LED chip and component maker. Lumileds parent company Philips Lighting sold the independent legal entity for US $2 billion to Apollo Global Management.

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[News] Cree LED and Promier Products, Inc. (d/b/a LitezAll) Resolve Patent Dispute Through Limited License Agreement

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

[News] Nichia Presents Advanced Automotive Lighting Technologies at SIA Vision 2026

Nichia, a global leader in LED and laser diode technology, will present a broad portfolio of automotive technologies at SIA VISION 2026, taking place on September 23–24 at Les Pyramides in Le Port-Marly, France. On Stand 36, Nichia plans... READ MORE

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