) recently announced its partnership with California Lighting
Technology Center (CLTC) at the University of California,
The partnership will provide Rambus the opportunity to further
develop energy-efficient lighting solutions and team up with
other lighting industry experts, thereby providing quality
solutions to customers. The collaboration will also provide
Rambus access to state of the art research.
Rambus' products include A19, PAR30, and BR30 LED lamps, which
leverage its MicroLens optical technology, help generate
consistent lighting and control spherical distribution of light.
It recently added a new feature to its light emitting diode (LED)
bulbs, which will have a regulator to adjust in-bulb color
temperature from 5000K (i.e. cool colors) to 3000K (i.e. warm
Established in 2003, CLTC is an exclusive and dynamic
organization, accelerating the development and deployment of
energy-efficient lighting and daylighting technologies while
working in partnership with designers, manufacturers, end users,
utilities and government agencies.
Rambus reported total revenue of $57.9 million in the second
quarter, up 3.0% from $56.2 million a year ago and within the
company expected range of $53.0 million to $58.0 million.
Rambus is an innovative technology solutions company that
invents, develops, offers, and licenses technology and creates
semiconductor memory architectures.
We are encouraged by Rambus' decision to divest its Display
patent assets to Acacia Research Corp. and to focus wholly on the
Lighting space, given the enormous growth prospects in this
Also, competition from
Semiconductor Manufacturing International Corp.
Advanced Micro Devices, Inc.
) and oversupply in the semiconductor market are concerns.
Currently, Rambus has a Zacks Rank #3 (Hold).
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