Financial Press Releases

Date Title and Summary Additional Formats
Toggle Summary Cree Acquires Infineon RF Power Business
DURHAM, N.C. & MUNICH & MORGAN HILL, Calif. --(BUSINESS WIRE)--Mar. 6, 2018-- Cree, Inc. (NASDAQ: CREE) has acquired assets of Infineon Technologies AG (FSE: IFX)(OTCQX: IFNNY) Radio Frequency (RF) Power Business for approximately € 345 million. The transaction expands the Cree Wolfspeed business
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Toggle Summary Cree Acquires Ruud Lighting, Inc. to Accelerate the LED Lighting Revolution
Addition of BetaLED® Product Line Strengthens Leadership Position in LED Lighting and Components
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Toggle Summary Cree and ABB Announce Silicon Carbide Partnership to Deliver Automotive and Industrial Solutions
Enables Cree to broaden its customer base, delivering silicon carbide to high-power applications in power grids, train, traction and e-mobility sectors Accelerates market entry of ABB’s Power Grids business into the high-growth electric vehicles (EV) sector DURHAM, N.C. --(BUSINESS WIRE)--Nov.
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Toggle Summary Cree and STMicroelectronics Expand and Extend Existing Silicon Carbide Wafer Supply Agreement
DURHAM, N.C. & GENEVA--(BUSINESS WIRE)--Nov. 19, 2019-- Cree, Inc. (Nasdaq: CREE) and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the expansion and extension of an existing multi-year, long-term
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Toggle Summary Cree Announces Common Stock Offering
DURHAM, N.C., SEPTEMBER 8, 2009 – Cree, Inc. (Nasdaq: CREE) today announced it has commenced an underwritten public offering of 11,000,000 shares of its common stock. The offering includes a 30-day option for the underwriters to purchase up to 1,650,000 additional shares to cover overallotments, if
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Toggle Summary Cree Announces Exercise of Underwriters’ Overallotment Option
Cree Announces Exercise of Underwriters’ Overallotment Option DURHAM, N.C., September 17, 2009 – Cree, Inc. (Nasdaq: CREE), today announced that the underwriters of its recent public offering of common stock have fully exercised their overallotment option resulting in the issuance of an additional
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Toggle Summary Cree Announces Expanded Patent Cross License with Nichia
Cree Announces Expanded Patent Cross License with Nichia DURHAM, NC, SEPTEMBER 17, 2007 – Cree, Inc. (Nasdaq: CREE) today announced that Cree and Nichia Corporation have entered into an agreement that expands their cross license arrangements announced in 2002 and 2005 to include additional patents
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Toggle Summary Cree Announces Extension and Increase of Stock Repurchase Program
Cree Announces Extension and Increase of Stock Repurchase Program DURHAM, N.C., MAY 15, 2008 – Cree, Inc. (Nasdaq: CREE), a market-leading innovator of lighting-class LEDs, LED lighting retrofit solutions, and semiconductor solutions for backlighting, wireless and power applications, today
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Toggle Summary Cree Announces Increase of Company's Stock Repurchase Program
Aggregate Purchase Price increased to $300 million
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Toggle Summary Cree Announces LED Business Restructuring, $500 Million Stock Buyback Authorization and Fiscal Year 2016 Annual Operating Plan
DURHAM, N.C. --(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced that the board of directors has approved the following: A restructuring of the LED Products business A $500 million stock buyback authorization for fiscal year 2016 The fiscal year 2016
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