Tag Archives: Cree

Cree Decides Light Speed Is Too Slow, Goes Right To Wolfspeed For Power & RF Spinoff

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Cree(CREE), a leader in LED lighting also has a North Carolina-based Power & RF business which has no overlap with the core business. In May, the company announced that it planned an IPO of the Power & RF business, and that it had filed with the SEC towards that goal.  The company plans to sell a minority stake… Read More »

Munich Court Gives Osram Spin The Go Ahead

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Well that didn’t take long to get back on track. After shareholders overwhelmingly approved Siemens’ (SI) Osram lighting spinoff, the transaction was quickly derailed by a lawsuit. A small group of shareholders claimed the meeting was invalid due to acoustics issues, a charge which Siemens considered ‘without merit’. A Munich judge agreed with the company and tossed the complaint stating the… Read More »