23 March 2017

Cree signs patent cross-license agreement with Ledvance

LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has signed a cross-license agreement under which it will receive ongoing royalty payments and a royalty-free license to the patent portfolio of LED lighting firm Ledvance Inc. In exchange, Ledvance will receive a license to Cree’s portfolio of patents related to LED light bulbs and LED luminaires.

The licensed patents address various aspects of forming an LED light including optics, heat management, LED power and control, LED light efficiency and light color and uniformity. Certain patents that cover Cree’s networked lighting technology (SmartCast) and color mixing technology (TrueWhite) were excluded from the license.

“With intellectual property developed over the past 29 years, Cree has a deep portfolio of technologies that are elemental to the design and manufacture of high-performing LED bulbs and LED luminaires,” says Brad Kohn, VP legal and general counsel for Cree. “This recent licensing agreement with Ledvance is yet another example that demonstrates the value of Cree’s R&D investments, as well as the breadth and strength of Cree’s lighting technologies.”

Tags: CreeLED light bulbs LED lighting fixtures

Visit: www.cree.com/About-Cree/Licensing/Licensees

Visit: www.ledvance.com