Cree and Lextar Electronics Announce Investment, Supply, and Licensing Agreement

Durham, North Carolina- based Cree, Inc. has reportedly agreed to invest in
Lextar Electronics Corporation and supply Lextar with sapphire-based LED chips.
Under the terms of the agreement, Cree will invest about $83 million to
purchase 83 million Lextar shares at NT$30 per share. Lextar and Cree are also
entering into a long-term LED …

Category: leddevpkgpower

via Solid State Lighting Net:

Leave a Reply


Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>