Below is an old post from me...Bridgelux and Cree are basically the same.
I would like to bring one line into light. "Cree will become a significant supplier to Bridgelux". I have not completely researched it, but pretty sure that brings them up to equivilent status. Read more below....
Press Room
Cree Settles Patent Litigation with Bridgelux
[sub]
Cree and Bridgelux Sign Supply Agreement[/sub]
DURHAM, NC, DECEMBER 29, 2008 – Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, announces that Cree and Boston University have agreed with Bridgelux, Inc. to settle the parties’ patent infringement litigation and to dismiss all claims and counterclaims in the suits. As part of the settlement, Cree granted Bridgelux a license to the Cree and Boston University patents at issue in the litigation, and Bridgelux agreed to pay a license fee and royalties. In addition,
Bridgelux and Cree have entered into a supply agreement under which Cree will become a significant supplier to Bridgelux. Other terms of the settlement are confidential.
“We are pleased that Cree and Bridgelux were able to resolve the litigation through a supply agreement and licensing arrangement,” stated Adam Broome, Cree vice president-Legal and general counsel. “This resolution underscores the importance of intellectual property in the nitride LED market. We look forward to working with Bridgelux.”
[sub]{Source:
CREE Press Releases 2008}[/sub]