When you snooze, you lose

“Success is never owned. It’s rented and rent is due every day” (Anon)

In 1947, the transistor was invented by Bell Laboratories, the research arm of AT&T. Almost immediately, it could be seen that the transistor would replace the bulkier, more expensive and less reliable vacuum tubes that, at that time, were the key components in any radio or television set. Of importance and rather strangely, nobody did anything…