Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

Cree Purchases Intrinsic Semiconductor

Photonics Spectra
Oct 2006
Cree Inc. of Durham, N.C., a supplier of semiconductor materials and electronic devices made from silicon carbide (SiC) has acquired Intrinsic Semiconductor Corp., a developer of low-defect-density SiC substrates. Cree will integrate the Dulles, Va., company’s technology into its materials product line to speed the development of large-diameter, high-quality SiC wafers, which are expected to enable new high-power semiconductor devices and more cost-effective LEDs.

Under terms of the agreement, Cree acquired Intrinsic’s capital stock and options based on a valuation of $46 million, paying approximately $43.5 million in cash for the outstanding stock and the remainder through the assumption of outstanding Intrinsic stock options.


Businesslight speedmaterialssemiconductor materialsSiC waferssilicon carbide

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.