- Zacks•12 days ago
Infineon Technologies AG (IFNNY) recently inked a definitive agreement with premium manufacturer and marketer of lighting-class LEDs, Cree Inc. (CREE) to acquire its Wolfspeed Power and RF division.
- Forbes•15 days ago
In a move to increase its resources and become a more focused LED lighting company, leading LED manufacturer Cree announced the execution of a definitive agreement to sell its Power & RF business (“Wolfspeed”) to Infineon yesterday. In May 2015, the company had announced its decision to spin-off its Power