LED packaging equipment (bonding, optical packaging) - SSLnet Only

Cree to Acquire LED Packager, Cotco Luminant Device Ltd.

Cree Inc. of Durham, North Carolina USA, has reported that the company has signed a definitive agreement to acquire Cotco Luminant Device Ltd, an LED packaging company whose main business comes from large, outdoor and smaller indoor LED-based video screens. Under the agreement, Cree will pay Cotco $70 million in …

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