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 and Epistar Sign LED Patent Agreement

Industrial Photonics
Oct 2015
LED manufacturers Cree Inc. and Epistar Corp. have signed a worldwide patent cross-license agreement for LED chips.

Under terms of the agreement, each party will receive a license to the other’s nitride LED chip patents and is granted certain rights to nonnitride LED chip patents. Cree will receive a licensing fee and royalty payments from Epistar.

“This agreement underscores both companies’ commitment to accelerating the adoption of LED lighting, while respecting the value and importance of international intellectual property laws,” said Chuck Swoboda, chairman and CEO of Cree.

The companies cited a desire to advance the growth of LED lighting and LED bulb markets as reasons for the agreement. The contract did not include a technology transfer.

For more information, visit: www.cree.com.



BusinessindustrialLEDslight sourcesCree Inc.Epistar Corp.Business News

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

Photonics Media, Laurin Publishing
x Subscribe to Vision 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.