Cree has sold its lighting products business, which includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications, to IDEAL INDUSTRIES for $310 million. Cree expects to receive an initial cash payment of $225 million, subject to purchase price adjustments, and has the potential to receive a targeted ...
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from Electronics Weekly https://www.electronicsweekly.com/uncategorised/cree-sells-lighting-business-2019-03/
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