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Cree LED and Nanolumens Enter Settlement and Limited License Agreement
Cree LED®, a Penguin Solutions brand, and Nanolumens today announced that they have entered into a mutually beneficial patent cross-license agreement that resolves a patent infringement dispute involving Cree LED’s patents related to LED components commonly used in LED displays.
Cree LED and Nanolumens are firmly committed to protecting their intellectual property as part of their broader mission to drive innovation in LED display technology. As U.S.-based industry leaders with significant investments in research, development, and product quality, Cree LED and Nanolumens actively monitor the global market to identify and address unauthorized use of their patented technologies. This vigilance spans the entire value chain, from manufacturers and suppliers to specifiers and end users, ensuring that Cree LED’s and Nanolumens’ innovations remain protected and that their customers can rely on the integrity and performance of each company’s industry-leading solutions.
Cree LED is a registered trademark of CreeLED, Inc. All other trademarks and registered trademarks are the properties of their respective owners.
