GE Lighting

Name	GE Lighting
Logo
Industry	Electric lighting
Predecessor	National Electric Lamp Company / National Electric Light Association GE Edison lamp division
Foundation	1911
Location City	East Cleveland, Ohio
Revenue	~$3 billion (2011)
Num Employees	≈700 (2020)
Parent	General Electric (1911–2020) Savant Systems (2020–present)
Location Country	USA
Homepage	https://www.gelighting.com

History

In 1911, General Electric was found to have acquired three quarters of the National Electric Light Association, an association of lighting product companies through which GE had licensed its patented products; this trading arrangement was the subject of an antitrust investigation, and as a result the association was dissolved. GE subsequently acquired several of the association's member companies. These were later consolidated with the Edison lamp division.

In July 2011, GE Lighting entered a licensing agreement with Nuventix for its LED cooling technology and invested $10 million into the company. Two weeks later, the company announced its plans to buy Lightech, acquiring its LED and halogen power supplies, for a deal reportedly worth between $15 million and $20 million. On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current, was created.

On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company headquartered in Hyannis, Massachusetts, United States. This was General Electric's last consumer business. Neither company disclosed the price but the Wall Street Journal reported that it was $250 million.

See also

• Chicago Lighting Institute

References

• GE sees big change from energy efficiency, Jeremy Lemer, Ed Crooks, 14 October 2010, Financial Times, www.ft.com
• Q114685988, 2022-10-26
• Sabol, Ben, 2020-07-01, Savant Systems, Inc. Completes Acquisition of GE Lighting, 2024-09-10, gelighting.com, en
• History of Nela Park: GE Commercial Lighting Products, www.gelighting.com, 22 July 2011, dead, 27 November 2011
• The secret to GE's success, William E. Rothschild, McGraw-Hill Professional, 2006, Using licenses to maintain competitive positions / How to come out ahead even when you lose, 27–28
• Case, Josephine Young, Owen D. Young and American enterprise: a biography, 1982, 8. General Electric and "Fair Competition", David R. Godine, (footnote 6), In converting the old National Electric Lamp Association ... into a fully acknowledged lamp division, GE had not yet consolidated it with its Edison lamp division, Everett Needham Case, Josephine Young Case
• GE to buy LED tech maker Lightech, Katie, Fehrenbacher, July 25, 2011, gigaom.com, August 3, 2019, August 3, 2019, dead
• Current Powered by GE, Dan Sampson, New York Stock Exchange, 2016-09-01, 2016-08-17, dead
• Savant Systems, Inc. Completes Acquisition of GE Lighting, July 1, 2020, TWICE
• Lombardo, Thomas Gryta and Cara, GE Exits Lightbulb Business It Pioneered, 2024-04-05, WSJ, en-US
• GE Exits Lightbulb Business It Pioneered, 27 May 2020, Wall Street Journal

External links