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Cree enters connected bulb fray

2015-01-15 17:40:01| Semiconductors - Topix.net

The dream of a completely smart home is coming true, though not exactly how many people first envisioned it. Instead of a whole smart home, we're getting connected devices piecemeal that make the home living experience better and more efficient.

Tags: connected enters cree bulb

 

Cree files patent infringement complaints against competitor

2015-01-13 03:09:37| Electronics - Topix.net

Durham LED giant Cree is on the offensive, filing federal complaints that a competing firm, California-based Feit Electric Company, infringed on 10 of its patents. In papers filed with both the U.S. International Trade Commission and the U.S. District Court for the Western District of Wisconsin against Feit and its Asian supplier, Unity Opto Technology Co., Cree requests that the ITC issue an order to exclude "infringing and falsely advertised articles" from entering the United States.

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Cree files patent infringement complaints against competitor

2015-01-13 02:15:35| Semiconductors - Topix.net

Durham LED giant Cree is on the offensive, filing federal complaints that a competing firm, California-based Feit Electric Company, infringed on 10 of its patents. In papers filed with both the U.S. International Trade Commission and the U.S. District Court for the Western District of Wisconsin against Feit and its Asian supplier, Unity Opto Technology Co., Cree requests that the ITC issue an order to exclude "infringing and falsely advertised articles" from entering the United States.

Tags: files patent complaints infringement

 

Cree bulks up with $500M credit line; looking for new deals?

2015-01-12 20:50:13| Electronics - Topix.net

Durham LED giant Cree just entered into a $500 million revolving line of credit with Wells Fargo Bank , meaning capital in the coffers for future acquisitions. Already, proceeds of the initial loans were used to repay amounts outstanding under Cree's previous credit agreement with Wells Fargo, with the caveat that additional loans could be used for working capital or future acquisitions, according to a securities filing .

Tags: new line credit deals

 

Cree bulks up with $500M credit line; looking for new deals?

2015-01-12 19:06:11| Semiconductors - Topix.net

Durham LED giant Cree just entered into a $500 million revolving line of credit with Wells Fargo Bank , meaning capital in the coffers for future acquisitions. Already, proceeds of the initial loans were used to repay amounts outstanding under Cree's previous credit agreement with Wells Fargo, with the caveat that additional loans could be used for working capital or future acquisitions, according to a securities filing .

Tags: new line credit deals

 

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