Cree LED and Star Headlight & Lantern Company Enter Settlement and Limited License Agreement
businesswire
2022-12-23 08:36:21
DURHAM, N.C.--(BUSINESS WIRE)--CreeLED, Inc. (“Cree LED”), an SGH company (Nasdaq: SGH), and Star Headlight & Lantern Co., Inc. (“Star”) today announced that they have reached a mutually beneficial settlement related to a patent infringement dispute between the parties. As part of the settlement, Cree LED granted Star a limited license to certain Cree LED patents covering LED components.