Tag Archives: ruud lighting

Cree Inc (CREE) Drops AH After $500 Million Purchase Of Ruud Lighting, But Creates Indoor/Outdoor LED Powerhouse

Cree Inc (CRFE) has taken a bold step after hours in order to further expand its role as LED leader with a purchase of Wisconsin based Ruud Lighting which specializes in outdoor LED lighting.  In my opinion great move from Cree since LED lighting may be adopted on a wider scale first in the outdoor setting.   The acquisition creates a powerhouse in the indoor and outdoor LED arenas.

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