Monday, October 19, 2020

Pivoting solely to semiconductors, Cree sells its LED business for up to $300M


DURHAM, N.C. — Semiconductor company Cree said Monday that it has sold off its LED products division for up to $300 million, a move that caps a years-long move of divesting from its LED and lighting business. The company is selling its LED business to SMART Global Holdings, in a deal that will give Cree […]

source https://www.seattletimes.com/business/pivoting-solely-to-semiconductors-cree-sells-its-led-business-for-up-to-300m/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

No comments:

Post a Comment