{"id":928750,"date":"2026-01-20T13:35:09","date_gmt":"2026-01-20T18:35:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/"},"modified":"2026-01-20T13:35:09","modified_gmt":"2026-01-20T18:35:09","slug":"cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/","title":{"rendered":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement"},"content":{"rendered":"

<\/p>\n

Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement<\/b><\/p>\n

DURHAM, N.C.–(BUSINESS WIRE<\/a>)–Cree LED<\/a>, a Penguin Solutions<\/a> brand (Nasdaq: PENG<\/a>), and Blizzard Lighting LLC (\u2018Blizzard\u2019) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components commonly used in LED displays. As part of the settlement, Cree LED has granted Blizzard a limited license to certain Cree LED patents covering LED components.<\/p>\n

\nCree LED is firmly committed to protecting its intellectual property as part of its broader mission to drive innovation in LED display technology. As a U.S.-based industry leader with significant investments in research, development and product quality, Cree LED actively monitors the global market to identify and address unauthorized use of its patented technologies. This vigilance spans the entire value chain, from manufacturers and suppliers to specifiers and end users, ensuring that Cree LED\u2019s innovations remain protected and that customers can rely on the integrity and performance of the company\u2019s industry-leading solutions.<\/p>\n

Cree LED is a registered trademark of CreeLED, Inc. All other trademarks and registered trademarks are the properties of their respective owners.<\/i><\/p>\n

About Cree LED<\/b><\/p>\n

\nCree LED, a Penguin Solutions brand, offers one of the industry\u2019s broadest portfolios of application-optimized LED chips and components, leading the industry in performance and reliability. With more than 35 years of innovation, our strong IP portfolio and unique business model ensures supply chain continuity. We deliver best-in-class technology and breakthrough solutions for focused applications in high power and mid-power general lighting, horticulture, specialty lighting and video screens. For more information, visit cree-led.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260120317879\/en\/<\/a><\/span><\/p>\n

Media Relations
\n<\/b>
Debi Polo
\n
Sr. Manager, Marketing Communications, Cree LED, Inc.
\n
debi.polo@cree-led.com<\/a><\/p>\n

Penguin Solutions
\n<\/b>
Maureen O\u2019Leary, Director Communications
\n
pr@penguinsolutions.com<\/a><\/p>\n

KEYWORDS:<\/b> North Carolina United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Hardware Semiconductor IOT (Internet of Things)<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement DURHAM, N.C.–(BUSINESS WIRE)–Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (\u2018Blizzard\u2019) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components commonly used in LED displays. As part of the settlement, Cree LED has granted Blizzard a limited license to certain Cree LED patents covering LED components. Cree LED is firmly committed to protecting its intellectual property as part of its broader mission to drive innovation in LED display technology. As a U.S.-based industry leader with significant investments in research, development and product quality, Cree LED actively monitors the global market to … <\/p>\n

Continue reading “Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-928750","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCree LED and Blizzard Lighting Enter Settlement and Limited License Agreement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement DURHAM, N.C.–(BUSINESS WIRE)–Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (\u2018Blizzard\u2019) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components commonly used in LED displays. As part of the settlement, Cree LED has granted Blizzard a limited license to certain Cree LED patents covering LED components. Cree LED is firmly committed to protecting its intellectual property as part of its broader mission to drive innovation in LED display technology. As a U.S.-based industry leader with significant investments in research, development and product quality, Cree LED actively monitors the global market to … Continue reading "Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-20T18:35:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement\",\"datePublished\":\"2026-01-20T18:35:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/\"},\"wordCount\":342,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/\",\"name\":\"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2026-01-20T18:35:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/","og_locale":"en_US","og_type":"article","og_title":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement - Market Newsdesk","og_description":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement DURHAM, N.C.–(BUSINESS WIRE)–Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (\u2018Blizzard\u2019) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components commonly used in LED displays. As part of the settlement, Cree LED has granted Blizzard a limited license to certain Cree LED patents covering LED components. Cree LED is firmly committed to protecting its intellectual property as part of its broader mission to drive innovation in LED display technology. As a U.S.-based industry leader with significant investments in research, development and product quality, Cree LED actively monitors the global market to … Continue reading \"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-20T18:35:09+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement","datePublished":"2026-01-20T18:35:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/"},"wordCount":342,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/","name":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en","datePublished":"2026-01-20T18:35:09+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260120317879r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cree-led-and-blizzard-lighting-enter-settlement-and-limited-license-agreement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/928750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=928750"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/928750\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=928750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=928750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=928750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}