LED business news: Cree sells lighting unit to Ideal; Amerlux, Echelon, and more

Ideal Industries will pay approximately $310 million for the Cree Lighting business unit, while Delta Electronics is acquiring SSL manufacturer Amerlux, and parts of the Echelon business recently acquired by Adesto are being shuttered. We have had a slow start to 2019 on the LED and solid-state lighting (SSL) technology...

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