Is Cree still in business?

DURHAM, N.C. – Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology through its Wolfspeed® business, today announced that it has completed the previously announced sale of its LED Products business unit (“Cree LED”) to SMART Global Holdings, Inc. (Nasdaq: SGH) effective today.

Is Cree still in business?

DURHAM, N.C. – Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology through its Wolfspeed® business, today announced that it has completed the previously announced sale of its LED Products business unit (“Cree LED”) to SMART Global Holdings, Inc. (Nasdaq: SGH) effective today.

Who owns Cree Inc?

DURHAM, N.C. Oct. 4, 2021 – Following a massive four-year transformation, involving the divestiture of two-thirds of the business and a repositioning of the company’s overall core strategy, today marks the creation of Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology and production.

Is Cree a good brand?

We found that the Cree bulbs had the best color fidelity—colors as they appear in real life. The 60 W Cree bulbs had the highest R values in our tests, so they still show saturated colors well (the 40 W bulbs were also among the best for color accuracy).

Who did Cree merge with?

Cree, a manufacturer of silicon carbide semiconductors, has renamed itself Wolfspeed. Under the new name, the company has also entered into a cooperation agreement with General Motors.

Was Cree bought out?

SMART Global Holdings (SGH) announced today that it has completed its acquisition of Cree, Inc.’s Cree LED Products business unit.

What happened Cree Research?

High-power LED pioneer Cree is divesting the LED business via a deal with Smart Global Holdings, with the acquisition price said to be upwards of $300 million depending on contingencies. Cree’s packaged LED developments will now reside with Smart Global Holdings, a company run by former Lumileds executive Mark Adams.

What is Cree technology?

Cree is a market-leading innovator of lighting-class LEDs, LED lighting, and semiconductor solutions for wireless and power applications. Cree’s product families include LED fixtures and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and radio-frequency/wireless devices.

Why choose Cree led?

New standards of Reliability and Longevity. Cree LED’s high brightness LEDs are integral to the production of large-scale LED screens. They provide a sharper, brighter and clearer image. With renewed focus and the singular pursuit of excellence and innovation in LED technology.

What is the difference between xm-l2 and Cree led?

55% Brighter than XM-L2. Up to 1860 Lumens from a single-die LED component. Complete optical and mechanical compatibility with XM-L2. New standards of Reliability and Longevity. Cree LED’s high brightness LEDs are integral to the production of large-scale LED screens.

Who is brochure clever Cree lighting?

Download the brochure for more information BROCHURE CLEVER Cree Lighting is a market-leading innovator of Indoor, Outdoor, and Consumer Bulb LED lighting.