March 22, 2017 / 1:22 PM / 4 months ago

BRIEF-Cree announces patent license agreement with Ledvance

1 Min Read

March 22 (Reuters) - Cree Inc:

* Cree announces patent license agreement with Ledvance

* Cree Inc- in exchange, Ledvance will receive a license to Cree's extensive portfolio of patents related to led light bulbs and LED luminaires

* As per agreement, Cree will receive ongoing royalty payments and a royalty-free license to Ledvance's patent portfolio Source text for Eikon: Further company coverage:

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