Cree LED and Daktronics Sign Licensing Deal for LED Display Innovations

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December 17, 2024

Cree LED and Daktronics Sign Licensing Deal for LED Display Innovations

Cree LED, a brand under Penguin Solutions, has announced a multi-year global patent licensing agreement with Daktronics. Effective December 2024, the deal allows Daktronics to utilize Cree LED’s patented technology, ensuring that their LED display systems remain free from patent disputes throughout the agreement’s duration. With over 35 years of expertise and a strong intellectual property portfolio, Cree LED continues to lead in LED technology innovation. Daktronics, a major player in the large-scale LED display market, aims to enhance its offerings and guarantee that customers have access to cutting-edge display solutions. Specific terms of the licensing agreement have not been disclosed.

Original source:

https://www.morningstar.com/news/business-wire/20241217464919/cree-led-and-daktronics-enter-licensing-agreement-for-led-display-technology

Cree LED and Daktronics Sign Licensing Deal for LED Display Innovations

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