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Cree, Lextar join hands in $83M supply deal

Posted: 29 Aug 2014     Print Version  Bookmark and Share

Keywords:Cree  Lextar  LED  lighting market  intellectual property 

[Summary of tips] Cree Inc. has inked a deal with Lextar Electronics Corp., a vertically-integrated LED company from Taiwan, which will see Cree invest $83 million in Lextar. The companies will also go into a supply agreement for sapphire-based LED chips.As part of the agreement, Cree will invest about $83 million to purchase 83 million Lextar s......
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