Business News | Mar 07, 2011

Cree and Zumtobel Extend Strategic Agreement for LED Downlights to Accelerate LED Lighting Revolution

Cree, Inc., a market leader in LED lighting, announces a two-year extension of the strategic agreement signed with Zumtobel Lighting GmbH in 2008. The companies continue to work together to bring industry-leading LED lighting to Europe.

“Cree and Zumtobel see the LED lighting revolution taking hold in Europe and we are excited to sign this agreement and to continue to work together,” said Ty Mitchell, vice president and general manager, Cree LED Lighting. “Zumtobel is a market-leading lighting company and is providing their customers with high-quality LED lighting based on Cree TrueWhite® Technology.”

“In the past years, Cree has become one of our preferred suppliers in the LED lighting business. As we combine the best available technology with our outstanding lighting expertise and our strong IP position, we enhance our leading position to bring LED lighting innovation into our markets,” said Harald Sommerer, CEO of the Zumtobel Group. “We look forward to extending our successful cooperation with Cree in the coming years.”

About Cree.
Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, environmentally friendly LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting, and semiconductor solutions for backlighting, wireless and power applications.

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