LED technology was actually pioneered about 3 miles away from Yale in Southie by a company called Color Kinetics. Although the company could not manufacture a white LED, Kinetics was great with colors and very popular commercially.
In July of 2007, they were purchased by Philips for 688 million. The strategy was to further CKs LED technology and marry that with Philips worldwide distribution. Their commercial installations are awesome.
But this synergy has produced this family of residential fixtures:
Hopefully more are on the way...