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March 17, 2019
Cree Sells Lighting Business to Focus on Wolfspeed
Cree Sells Lighting Business to Focus on Wolfspeed
Cree is selling its lighting business to Ideal Industries for $310 million. The deal will enable Cree to focus on Wolfspeed’s opportunities for SiC and GaN semiconductors and better meet Wall Street’s financial expectations.
Cree is selling its lighting business to Ideal Industries for $310 million. The deal will enable Cree to focus on Wolfspeed’s opportunities for SiC and GaN semiconductors and better meet Wall Street’s financial expectations.
http://www.microwavejournal.com/rss/topic/3369-industry-newsIndustry Newshttp://www.microwavejournal.com/blogs/17-gary-lerude-mwj-technical-editor/post/31947-cree-sells-lighting-business-to-focus-on-wolfspeed
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