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Article: Bridgelux Settles Patent Litigation With Cree.
- Article from:
- PR Newswire
- Article date:
- December 29, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bridgelux and Cree Establish Licensing Arrangement
SUNNYVALE, Calif., Dec. 29 /PRNewswire/ -- Bridgelux, Inc., a leading supplier of energy-saving light-emitting diode (LED) technology, today announced that Bridgelux has reached agreement with Cree, Inc. and Boston University to settle the parties' patent infringement litigation and to dismiss all claims and counterclaims in the suits. As part of the settlement, Cree granted Bridgelux a license to the Cree and Boston University patents at issue in the litigation, and Bridgelux agreed to pay a license fee and royalties. In addition, Bridgelux and Cree have entered into a supply agreement under which Cree will ...
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