September 2, 2015
, September 2, 2015 – Cree, Inc. (Nasdaq: CREE), a leader in silicon carbide (SiC) power products and gallium nitride (GaN) radio frequency (RF) devices, today announced that Wolfspeed is the new name for the Power and RF division of Cree. The company announced in May that it would separate the business into a standalone company.“Cree’s pioneering technology and resulting broad patent portfolio has significantly advanced performance in LED and LED Lighting products. Cree is pleased to enter into this LED chip license agreement with Epistar, a leading chip innovator and manufacturer of LEDs used by packagers and lighting companies,” said Chuck Swoboda, Cree Chairman and CEO. “This agreement underscores both companies’ commitment to accelerating the adoption of LED lighting while respecting the value and importance of international intellectual property laws.”
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