Portfolio Exits
3Partners & Customers
10About Cree
Cree (NASDAQ: CREE) develops lighting-class LEDs, LED lighting retrofit solutions, and semiconductor solutions for backlighting, wireless and power applications. Cree's product families include recessed LED down lights, lighting-class power LEDs, high-brightness LEDs, blue and green LED chips, power-switching devices and radio-frequency/wireless devices. Cree solutions are driving improvements in applications such as general illumination, backlighting, electronic signs and signals, variable-speed motors, and wireless communications.
Cree Headquarter Location
4600 Silicon Drive
Durham, North Carolina, 27703-8475,
United States
919-313-5300
Expert Collections containing Cree
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Cree in 1 Expert Collection, including Semiconductors, Chips, and Advanced Electronics.
Semiconductors, Chips, and Advanced Electronics
6,008 items
Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.
Cree Web Traffic
Cree Rank
Latest Cree News
May 3, 2022
CreeLED Inc of Durham, NC, USA (a company of SMART Global Holdings of Milpitas, CA) has filed a patent infringement lawsuit in the US District Court for the Western District of New York against Star Headlight & Lantern Co Inc. The lawsuit asserts that Star has infringed Cree LED’s rights in four US patents (nos. 8,884,510; 9,048,396; 9,865,780; and D718,258) by selling a DLITE product that incorporates six infringing LED packages. Cree LED specializes in supplying a broad portfolio of high-performance LED chips and components. Together with its predecessor Cree Inc, the firm has a 30-year track record of innovations and industry firsts. This history in technology and innovation has distinguished Cree LED as one of the LED industry’s strongest brands. Cree LED’s contributions to LED development and design serve as the basis for Cree LED’s expansive portfolio of US and worldwide patents covering an array of innovative technologies. As a US-based firm that has extensively invested in research and development, quality and product innovation, Cree LED is committed to protecting and enforcing its valuable intellectual property rights. See related items:
Cree Portfolio Exits
3 Portfolio Exits
Cree has 3 portfolio exits. Their latest portfolio exit was Cree - LED Business on October 21, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/21/2020 | Divestiture | 2 | |||
Date | 10/21/2020 | ||
---|---|---|---|
Exit | Divestiture | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 2 |
Cree Acquisitions
7 Acquisitions
Cree acquired 7 companies. Their latest acquisition was Infineon Technologies - RF Power Business on March 06, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/6/2018 | Acquired Unit | 2 | ||||
7/9/2015 | Grant | |||||
8/21/2011 | ||||||
3/4/2008 | Series A | |||||
2/20/2008 | Other Venture Capital |
Date | 3/6/2018 | 7/9/2015 | 8/21/2011 | 3/4/2008 | 2/20/2008 |
---|---|---|---|---|---|
Investment Stage | Grant | Series A | Other Venture Capital | ||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired Unit | ||||
Sources | 2 |
Cree Partners & Customers
10 Partners and customers
Cree has 10 strategic partners and customers. Cree recently partnered with STMicroelectronics on August 8, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
8/17/2021 | Client | Switzerland | Cree | Wolfspeed and STMicroelectronics Expand Existing 150mm Silicon Carbide Wafer Supply Agreement DURHAM , N.C. & GENEVA -- -- Cree , Inc. , the global leader in silicon carbide technology through its Wolfspeed ® business , and STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications , announced today the expansion of an existing multi-year , long-term silicon carbide wafer supply agreement . | 3 | |
8/17/2021 | Client | Switzerland | Cree , Inc. , the global leader in silicon carbide technology through its Wolfspeed ® business , and STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications , announced today the expansion of an existing multi-year , long-term silicon carbide wafer supply agreement . | 1 | |
6/9/2020 | Partner | StarPower Europe, and Yutong | Switzerland, and China | Yutong Group partners with StarPower Semiconductor and Cree , Inc. to deliver its first electric bus in China to use silicon carbide in powertrain | 1 |
1/29/2020 | Distributor | ||||
11/5/2019 | Client |
Date | 8/17/2021 | 8/17/2021 | 6/9/2020 | 1/29/2020 | 11/5/2019 |
---|---|---|---|---|---|
Type | Client | Client | Partner | Distributor | Client |
Business Partner | StarPower Europe, and Yutong | ||||
Country | Switzerland | Switzerland | Switzerland, and China | ||
News Snippet | Cree | Wolfspeed and STMicroelectronics Expand Existing 150mm Silicon Carbide Wafer Supply Agreement DURHAM , N.C. & GENEVA -- -- Cree , Inc. , the global leader in silicon carbide technology through its Wolfspeed ® business , and STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications , announced today the expansion of an existing multi-year , long-term silicon carbide wafer supply agreement . | Cree , Inc. , the global leader in silicon carbide technology through its Wolfspeed ® business , and STMicroelectronics , a global semiconductor leader serving customers across the spectrum of electronics applications , announced today the expansion of an existing multi-year , long-term silicon carbide wafer supply agreement . | Yutong Group partners with StarPower Semiconductor and Cree , Inc. to deliver its first electric bus in China to use silicon carbide in powertrain | ||
Sources | 3 | 1 | 1 |
Cree Team
11 Team Members
Cree has 11 team members, including current Founder, Chief Technology Officer, John W. Palmour.
Name | Work History | Title | Status |
---|---|---|---|
John W. Palmour | Founder, Chief Technology Officer | Current | |
Gregg Lowe | Chief Executive Officer | Current | |
Jeffrey Casady | Senior Director | Current | |
Chris Tubis | Chief Executive Officer | Former | |
Chris Ruud | President | Former |
Name | John W. Palmour | Gregg Lowe | Jeffrey Casady | Chris Tubis | Chris Ruud |
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Chief Technology Officer | Chief Executive Officer | Senior Director | Chief Executive Officer | President |
Status | Current | Current | Current | Former | Former |
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