Durham semiconductor company Cree said Monday that it has sold off its LED products division for up to $300 million, a move that caps a years-long move of divesting from its LED and lighting business.
DURHAM, N.C., September 24, 2025--(BUSINESS WIRE)--Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and ADJ Products, LLC (ADJ) today announced that they have reached a mutually beneficial ...
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