The chances of Chinese investor Grand Chip Investment (GCI) acquiring Aixtron are looking rather slim, following U.S. President Barack Obama recent order that bans the business transaction, reported Bloomberg.

Chuck Swoboda Participates in Presidential Roundtable On American Innovation and Clean Energy Technology Chuck Swoboda, chairman and chief executive officer of Cree (Nasdaq:CREE) joined President Obama at the White House today to discuss the latest developments in energy-efficient technologies. Cree, based in Durham, North Carolina, is a market-leading manufacturer of LED (light-emitting diode) products.