Cree buys LED supplier for $200M

[cpelliott]

Article here

LED lighting player Cree Inc. has inked a definitive agreement to acquire privately held Cotco Luminant Device Ltd. in a combined stock and cash transaction valued at $200 million.

 

[gtsx]

* Previously, in July 2005, Cree had licensed COTCO subsidiary COTCO International to manufacture InGaN-based white LEDs under US patent 6,600,175, using Cree-supplied die and phosphor conversion technology

http://www.semiconductor-today.com/news_items/NEWS_2007/MAR_07/CREE_120307.htm