We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Cree, BU Settle With Bridgelux Over LED Patents

Law360 (December 30, 2008, 12:00 AM EST) -- Light-emitting diode maker Cree Inc. and Boston University have agreed to settle litigation with LED newcomer Bridgelux Inc., thus ending a patent dispute that pitted one brother against another.

Under the settlement, Cree granted Bridgelux a license to the patents-at-issue in exchange for a license fee and royalties. The companies also entered into a supply agreement under which Cree will become a significant supplier to Bridgelux, the companies said.

The monetary terms of the settlement were undisclosed.

“We are pleased that Cree and Bridgelux were able...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.