Cree just announced a deal with Zumbotel to sell Cree’s LED recessed lighting products in Europe. Zumbotel will sell the products under two brand names: Zumbotel and Thorn. In the first year, they intend to sell 50,000 units of the 230V version of Cree’s LR6 luminaire. These lights deliver the same amount of light as a 75-watt bulb, but use only 12 watts of power and can last up to 20 years. In 2009, the … Read the rest