Penguin Solutions' Cree LED Subsidiary Settles Patent Infringement Dispute With Nanolumens; Terms Undisclosed

Penguin Solutions Incorporation

Penguin Solutions Incorporation

PENG

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Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), 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.

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