Pros
Be part of exciting new technology.
Cons
Hard to explain but there is no place like Cree. Lots of infighting. Crazy, uncivilized infighting. Lots of good, talented people beaten and broken to the point where they strive not for the company to succeed, but to make sure they get through the day without being the one who gets blamed for whatever is going wrong. The excitement and esprit de corps from being a startup that used to define the company is long gone. Now it is just a place to work. Frequent departures by talented middle managers throughout company. If you are considering come to work here you need to get your money on the front end. Once in you will be fighting for nickels with the rest of us. You may be promoted but your raises will be limited to the 1 to 3% we all get in good years.