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-based Cree, known for its LED lighting, is spinning off another company. Cree is calling the new business group the Cree Power and Radio Frequency Division. Sharon Belenzon is an Associate ...

Cree has signed a definitive agreement to acquire privately held LED Lighting Fixtures (LLF) in a cash and stock transaction valued at approximately $77 million, plus up to an additional $26.4 million ...

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH) today announced the new XLamp ® XFL LED family, comprised of three LEDs designed for maximum performance in flashlights and other ...

Over the past two years we've seen Cree transition from an LED manufacturer with a presence in related industries to a major force in the LED lighting market. Now that the company has a firm footing ...

DURHAM, N.C.--(BUSINESS WIRE)-- The Ronald McDonald House of Durham, North Carolina (RMHD) is opening its doors to even more families with a newly renovated facility which features nearly 150 LED ...