Business Services Industry
Cree.(Triangle)
Business North Carolina, April, 2008
DURHAM -- Cree, which makes light-emitting diodes and chips, bought LED Lighting Fixtures of Morrisville for up to $103.4 million, including post-deal incentives. LED Lighting develops light fixtures for homes and businesses, using Cree LEDs. Cree co-founder Neal Hunter was CEO of LED Lighting and is now president of Cree LED Lighting Solutions.
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