2019-05-14

Cree Completes Sales of Its Lighting Business to Ideal Industries

Cree announced that it has closed sale of its Lighting Products business unit (Cree Lighting) to Ideal Industries. The transaction includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications. Cree revealed the sales agreement of its lighting business with Ideal Industries in March. After selling Cree Lighting, the LED company announced its plan to invest US$ 1 billion to expand its silicon carbide capacity to meet the growing demand for silicon carbide and GaN-on-silicon-carbide technolog...
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2019-03-18

Cree Announces the Sale of Lighting Business to Ideal Industries

Cree is selling its lighting business to Ideal Industries, an Illinois-based electric power control and management company, to continue its strategy of becoming a more focused, powerhouse semiconductor company. Cree announced the execution of a definitive agreement to sell Cree Lighting, the lighting products business unit, which includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications. According to Cree, the deal is about US$310 million before tax. The company expects to receive an initial cash...
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Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE