Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: GE claims its new lighting fixtures "will represent a once-a-century turning point" in lighting that "will finally make LEDs a viable solution for widespread use in ambient commercial and residential applications." Rambus said that, thanks to its technology, GE's edge lighting fixtures "will achieve a level of styling, application efficiency, flexibility and precise control of light unmatched in the industry."
Now what: No financial projections were included in the announcement. Still, Rambus' focus on licensing minimizes costs in a way that makes the GE lighting deal look like nothing but upside potential in a relatively new segment that is expected to undergo rapid growth. It's a nice positive after the company's stock took a beating last Friday on news of a negative development in a patent lawsuit against Micron Technology
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