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Penguin Solutions' Cree LED Subsidiary Settles Patent Infringement Dispute With Nanolumens; Terms Undisclosed

Benzinga·08/25/2026 15:12:15
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Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Nanolumens today announced that they have entered into a mutually beneficial patent cross-license agreement that resolves a patent infringement dispute involving Cree LED’s patents related to LED components commonly used in LED displays.