Cree Inc., a market leader in LED solid-state lighting, has announced the acquisition of privately held LED Lighting Fixtures Inc. (LLF).
This acquisition expands Cree’s market opportunity by providing direct access to the lighting market. Cree’s business now encompasses LED chips, components and lighting solutions. It further enables Cree to drive retrofit solutions to convert existing lighting infrastructure to energy-efficient lighting and to accelerate the adoption of LED lighting.
“The new Cree LED Lighting Solutions team is delivering industry-leading LED lighting products and working to set the standard for 21st century energy-efficient lighting,” said Chuck Swoboda, chairman and chief executive officer of Cree. “We are out to lead the LED lighting revolution.”