Ledzworld Technology Has Signed a Patent License Agreement with Cree Inc.

Ledzworld Technology, an innovative R&D and manufacturing company of high-end LED retro-fit lamps for professional users, has signed a patent license agreement with Cree Inc. Cree Licenses Pioneering Remote Phosphor Patents Cree, Inc. announced on Monday December 19 that it has granted five innovative LED lighting manufacturers licenses to select Cree patents through its recently launched remote phosphor licensing program. By making fundamental remote phosphor patents available through license, Cree is further enabling LED lighting adoption, as Cree innovations facilitate the development of LED lights combining remote phosphor optical elements with blue LEDs. “Cree is committed to the development of innovative, energy-efficient LED lighting technology and this program provides access to important technology developed by Cree,” said George Brandes, Cree director of intellectual property licensing. “The remote phosphor licensing program is designed to provide rights under the relevant Cree patents that our LED customers need to develop and commercialize leading-edge LED luminaires and bulbs, accelerating the LED lighting revolution.” Ledzworld is one of the 5 initial lighting innovators that have been granted licenses to Cree’s remote phosphor patents. Details of the royalty-bearing licenses were not disclosed. Ken Chakravarti, CTO of Ledzworld is excited about the agreement and cites that this will give Ledzworld many possibilities to further develop industry leading retrofit lamps for Ledzworld’s ODM customers, mostly significant lighting brands that value Ledzworld’s speedy adoption and integration of new technologies. Source: LEDs Magazine