Cree’s SMART Deal

October 19, 2020

SMART Global Holdings, the company that is acquiring Cree’s LED business is pretty smart, because the deal only requires $50M in cash. No wonder they spell their first name in all caps. Your humble editor listened to the Cree investor call asRead more

Cree LED Sold for (up to) $300M Total; Only $50M Cash

October 19, 2020

Upon closing, creates a pure-play global semiconductor powerhouse focused on providing disruptive technology solutions to high-growth segments including EV, 5G and industrial applications Transaction represents a key milestone in Cree’s transformation to focus on silicon carbide and gallium nitride devices, as wellRead more


Press Room

Disclaimer: Press Room contains sponsored content