Cree Inc.

Cree, Inc. Completes $500 Million At-The-Market Equity Offering

Retrieved on: 
Friday, February 19, 2021
Technology, Hardware, Semiconductor, Satellite, Indigenous peoples of North America, Ethnic groups in Canada, First Nations, Cree Inc., Cree, Light-emitting diode

Through the program, the Company sold 4,222,511 additional shares of its common stock for gross proceeds of approximately $500 million.

Key Points: 
  • Through the program, the Company sold 4,222,511 additional shares of its common stock for gross proceeds of approximately $500 million.
  • We are pleased to have completed this equity offering, which will further strengthen our balance sheet and liquidity position as we grow the Wolfspeed business, said Gregg Lowe, CEO of Cree.
  • Cree is an innovator of Wolfspeed power and radio frequency (RF) semiconductors and lighting class LEDs.
  • Cree and Wolfspeed are registered trademarks of Cree, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210219005100/en/

Cree, Inc. Appoints Marvin Riley to Board of Directors

Retrieved on: 
Tuesday, January 26, 2021
Technology, Hardware, Semiconductor, Other Technology, Cree Inc., Technology, Hardware, Semiconductor, Other Technology, Cree Inc.

Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, announced today that Marvin A. Riley has been appointed to the Companys Board of Directors, effective January 25, 2021.

Key Points: 
  • Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, announced today that Marvin A. Riley has been appointed to the Companys Board of Directors, effective January 25, 2021.
  • Mr. Riley replaces Anne Whitaker, who is leaving the Cree Board to focus on her board duties at other life sciences companies.
  • Ms. Whitaker has served on the Cree Board since 2013, helping guide the company with her extensive executive leadership experience.
  • The entire board of directors is grateful for Annes contributions as a longstanding board member, and we wish her continued success going forward, said Jackson.

Cree, Inc. to Report Second Quarter Fiscal 2021 Earnings on January 27, 2021

Retrieved on: 
Wednesday, January 20, 2021
Technology, Hardware, Semiconductor, Indigenous peoples of North America, Ethnic groups in Canada, First Nations, Cree, First Nations in Manitoba, First Nations in Ontario, Cree Inc., Silicon carbide, Login

Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its second quarter fiscal 2021 results and business outlook on January 27, 2021, at 5:00 p.m. Eastern Time.

Key Points: 
  • Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its second quarter fiscal 2021 results and business outlook on January 27, 2021, at 5:00 p.m. Eastern Time.
  • After the close of the market on January 27, and prior to the conference call, Cree will issue a copy of the earnings press release via Business Wire.
  • The press release may also be viewed on Crees website at www.cree.com .
  • To listen to a live webcast of the call, simply go to http://investor.cree.com/events.cfm and follow the login instructions.

Cree Delivers Industry Leading Efficiency to Electric Vehicle Fast Charging and Solar Markets with New Silicon Carbide Power Module Portfolio

Retrieved on: 
Monday, January 11, 2021
Engineering, Semiconductor, Technology, Manufacturing, Alternative energy, Energy, Hardware, Chemistry, Materials, Physical sciences, Power electronics, Native element minerals, Abrasives, Gemstones, Silicon carbide, Cree Inc., Silicon, Power module

View the full release here: https://www.businesswire.com/news/home/20210111005121/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210111005121/en/
    Wolfspeed WolfPACK Power Module (Photo: Business Wire)
    Compared to silicon, the use of silicon carbide-based power solutions enable faster, smaller, lighter and more powerful electrical systems for a wide range of industrial applications.
  • The offering bridges the gap between single die discrete components and high-ampacity module solutions, giving todays design engineers a wide breadth of portfolio options for design requirements using Wolfspeed silicon carbide.
  • Crees Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace.
  • Cree and Wolfspeed are registered trademarks, and Wolfspeed WolfPACK is a trademark of Cree, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210111005121/en/

Cree, Inc. to Present at Upcoming Virtual Investor Conferences

Retrieved on: 
Monday, November 30, 2020
Technology, Hardware, Semiconductor, Indigenous peoples of North America, Ethnic groups in Canada, First Nations, First Nations in Quebec, Cree Inc., Cree, NASDAQ, Light-emitting diode

Cree, Inc. (Nasdaq: CREE) today announced that its senior management will present at the following virtual investor conferences:

Key Points: 
  • Cree, Inc. (Nasdaq: CREE) today announced that its senior management will present at the following virtual investor conferences:
    Neill Reynolds, Chief Financial Officer, will present at the Wells Fargo TMT Summit on December 1, 2020 at 8:40 a.m.
  • Gregg Lowe, Chief Executive Officer, and Neill Reynolds, Chief Financial Officer, will present at the Credit Suisse 24th Annual Technology Conference on December 2, 2020 at 4:10 p.m.
  • A live webcast of both presentations will be available on the Investor section of Crees website.
  • Cree is an innovator of Wolfspeed power and radio frequency (RF) semiconductors and lighting class LEDs.

New Cree Lighting Connected Max Smart LED Bulbs Deliver Category-Leading User Experience and Control

Retrieved on: 
Wednesday, November 11, 2020
Consumer electronics, Technology, Construction & Property, Interior design, Specialty, Utilities, Retail, VoIP, Energy, Home Goods, Mobile, Wireless, Technology, Lighting, Internet of things, Home automation, Telecommunications engineering, Light, Energy-saving lighting, Cree Inc., LED lamp, Smart lighting, Light-emitting diode, Bluetooth

Cree Lighting today introduced Connected Max Smart LED Bulbs, a new portfolio of best-in-class smart lighting designed to elevate and simplify smart home experiences for consumers.

Key Points: 
  • Cree Lighting today introduced Connected Max Smart LED Bulbs, a new portfolio of best-in-class smart lighting designed to elevate and simplify smart home experiences for consumers.
  • View the full release here: https://www.businesswire.com/news/home/20201111005517/en/
    Cree Lighting today introduced Connected Max Smart LED Bulbs, a new portfolio of best-in-class smart lighting designed to elevate and simplify smart home experiences for consumers.
  • Connected Max Smart LED Bulbs are also designed with affordability in mind with pricing as low as $7.99 and color-changing options starting at $9.99.
  • In response, Cree Lightings Connected Max Smart LED Bulbs utilize both Bluetooth and Wi-Fi technology to make pairing and control simple and reliable.

ioXt Alliance Strengthens Foothold in Commercial Lighting Industry

Retrieved on: 
Monday, November 2, 2020
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The ioXt Alliance , the Global Standard for IoT Security, announced today that leading commercial lighting manufacturers including Cree Lighting, Crestron, Distech Controls and Silvair have joined the Alliance to help advance IoT security within the industry.

Key Points: 
  • The ioXt Alliance , the Global Standard for IoT Security, announced today that leading commercial lighting manufacturers including Cree Lighting, Crestron, Distech Controls and Silvair have joined the Alliance to help advance IoT security within the industry.
  • These new members add to other major companies already involved in the ioXt Alliance, including Legrand, LEEDARSON, and Acuity Brands.
  • View the full release here: https://www.businesswire.com/news/home/20201102005310/en/
    Commercial Lighting Sector Aligns with ioXt Alliance for IoT Security (Graphic: Business Wire)
    The commercial lighting industry plays an integral role in smart buildings which are increasingly becoming rooted in todays infrastructure, said Brad Ree, CTO of the ioXt Alliance.
  • Through impactful collaboration with influential industry leaders, we are further strengthening initiatives that directly advance security in commercial lighting and the smart products that ultimately bring these buildings to life.

Cree, Inc. to Report First Quarter Fiscal 2021 Earnings on October 28, 2020

Retrieved on: 
Thursday, October 22, 2020
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Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2021 results and business outlook on October 28, 2020, at 5:00 p.m. Eastern Time.

Key Points: 
  • Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2021 results and business outlook on October 28, 2020, at 5:00 p.m. Eastern Time.
  • After the close of the market on October 28, and prior to the conference call, Cree will issue a copy of the earnings press release via Business Wire.
  • The press release may also be viewed on Crees website at www.cree.com .
  • To listen to a live webcast of the call, simply go to http://investor.cree.com/events.cfm and follow the login instructions.

Cree, Inc. to sell LED Business to SMART Global Holdings, Inc. for up to $300 Million

Retrieved on: 
Monday, October 19, 2020
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We are pleased to announce the sale of our LED Products business to SMART, which represents another key milestone in our transformational journey to create a pure-play global semiconductor powerhouse, said Cree CEO Gregg Lowe.

Key Points: 
  • We are pleased to announce the sale of our LED Products business to SMART, which represents another key milestone in our transformational journey to create a pure-play global semiconductor powerhouse, said Cree CEO Gregg Lowe.
  • Leveraging SMARTs diverse customer base and global operations, Cree LED will be well positioned to continue to deliver industry leading products.
  • We are thrilled to welcome Cree LED to the SMART family, said Mark Adams, President and CEO of SMART Global Holdings.
  • Following the closing of the transaction, SMART will license and incorporate the Cree LED brand name into the SMART portfolio of businesses.

Cree, Inc. to Report Fourth Quarter Fiscal 2020 Earnings on August 18, 2020

Retrieved on: 
Tuesday, August 11, 2020
Technology, Hardware, Semiconductor, Indigenous peoples of North America, Ethnic groups in Canada, First Nations, First Nations in Manitoba, First Nations in Ontario, Cree Inc., Cree, Silicon carbide, Login

Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fourth quarter fiscal 2020 results and business outlook on August 18, 2020, at 5:00 p.m. Eastern Time.

Key Points: 
  • Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fourth quarter fiscal 2020 results and business outlook on August 18, 2020, at 5:00 p.m. Eastern Time.
  • After the close of the market on August 18, and prior to the conference call, Cree will issue a copy of the earnings press release via Business Wire.
  • The press release may also be viewed on Crees website at www.cree.com .
  • To listen to a live webcast of the call, simply go to http://investor.cree.com/events.cfm and follow the login instructions.