GE Lighting

{{Short description|Lighting brand}} {{Infobox company | name = GE Lighting | logo = GE Lighting, a Savant Company Logo.jpg | caption = | type = | traded_as = | industry = Electric lighting | genre =  | fate = | predecessor = National Electric Lamp Company / National Electric Light Association<br>GE Edison lamp division | successor = | foundation = 1911 | founder = | defunct =  | location = | location_city = East Cleveland, Ohio | locations = | area_served = | key_people = | products = | services = | revenue = ~$3 billion (2011)<ref name="ft1">{{citation| url = https://www.ft.com/content/a742341a-d7b9-11df-b478-00144feabdc0| title = GE sees big change from energy efficiency| author =Jeremy Lemer|author2= Ed Crooks |date = 14 October 2010|publisher = Financial Times| work = www.ft.com}}</ref> | operating_income = | net_income = | aum =  | assets = | equity = | owner = | num_employees = ≈700 (2020)<ref>{{Cite Q|Q114685988|access-date=2022-10-26}}</ref> | parent = General Electric (1911–2020)<br>Savant Systems (2020–present) | divisions = | subsid = | footnotes = | location_country = USA | homepage = {{url|https://www.gelighting.com}} | intl = }} '''GE Lighting''' is a division of Savant Systems Inc.<ref>{{Cite web|last1=Sabol|first1=Ben|date=2020-07-01|title=Savant Systems, Inc. Completes Acquisition of GE Lighting|url=https://www.gelighting.com/pressroom/savant-systems-inc-completes-acquisition-ge-lighting|access-date=2024-09-10|website=gelighting.com|language=en}}</ref> headquartered in Nela Park, East Cleveland, Ohio, United States. The company traces its origins to Thomas Edison's work on lighting in the 19th century.<ref>{{citation| url = http://www.gelighting.com/na/business_lighting/education_resources/conferences/institute/history.htm| title = History of Nela Park: GE Commercial Lighting Products| work = www.gelighting.com| access-date = 22 July 2011| url-status = dead| archive-url = https://web.archive.org/web/20111127064708/http://www.gelighting.com/na/business_lighting/education_resources/conferences/institute/history.htm| archive-date = 27 November 2011}}</ref>

==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.<ref>{{citation|url = https://books.google.com/books?id=WnSA0MhW-qgC| title = The secret to GE's success| author = William E. Rothschild| publisher = McGraw-Hill Professional| year = 2006| chapter = Using licenses to maintain competitive positions / How to come out ahead even when you lose| pages = 27–28| isbn = 9780071475938}}</ref> These were later consolidated with the Edison lamp division.<ref>{{citation |author=Case |first=Josephine Young |title=Owen D. Young and American enterprise: a biography |page=808 |year=1982 |url=https://books.google.com/books?id=QIFMaca-ak8C |chapter=8. General Electric and "Fair Competition" |publisher=David R. Godine |isbn=9780879233600 |quote=''(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 |author2=Everett Needham Case |author-link=Josephine Young Case}}</ref>

In July 2011, GE Lighting entered a licensing agreement with Nuventix for its LED cooling technology and invested $10 million into the company.<ref>GigaOm. "[https://gigaom.com/2011/07/19/a-better-way-to-cool-leds-gets-attention-from-ge/ A Better Way to Cool LEDS Gets Attention from GE] {{Webarchive|url=https://web.archive.org/web/20190803154210/https://gigaom.com/2011/07/19/a-better-way-to-cool-leds-gets-attention-from-ge/ |date=2019-08-03 }}."</ref> 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.<ref>{{Cite web|url=https://gigaom.com/2011/07/25/ge-to-buy-led-tech-maker-lightech/|title=GE to buy LED tech maker Lightech|first=Katie|last=Fehrenbacher|date=July 25, 2011|website=gigaom.com|access-date=August 3, 2019|archive-date=August 3, 2019|archive-url=https://web.archive.org/web/20190803154213/https://gigaom.com/2011/07/25/ge-to-buy-led-tech-maker-lightech/|url-status=dead}}</ref> On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current, was created.<ref>{{cite web|url=https://www.nyse.com/network/article/nyse-current-by-ge|title=Current Powered by GE|author=Dan Sampson|publisher=New York Stock Exchange|access-date=2016-09-01|archive-date=2016-08-17|archive-url=https://web.archive.org/web/20160817025550/https://www.nyse.com/network/article/nyse-current-by-ge|url-status=dead}}</ref>

On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company headquartered in Hyannis, Massachusetts, United States.<ref>{{Cite web|url=https://www.twice.com/product/product-spotlight/smart-home/savant-systems-inc-completes-acquisition-of-ge-lighting|title=Savant Systems, Inc. Completes Acquisition of GE Lighting|date=July 1, 2020|website=TWICE}}</ref> This was General Electric's last consumer business.<ref>{{Cite news |last=Lombardo |first=Thomas Gryta and Cara |title=GE Exits Lightbulb Business It Pioneered |url=https://www.wsj.com/articles/ge-sells-lightbulb-business-for-about-250-million-11590585598 |access-date=2024-04-05 |work=WSJ |language=en-US}}</ref> Neither company disclosed the price but the ''Wall Street Journal'' reported that it was $250 million.<ref name="wsj"> {{cite web |url=https://www.wsj.com/articles/ge-sells-lightbulb-business-for-about-250-million-11590585598|title=GE Exits Lightbulb Business It Pioneered|date=27 May 2020|newspaper=Wall Street Journal}}</ref>

==See also== * Chicago Lighting Institute

==References== {{reflist}}

==External links== *{{official}}

Category:American brands Category:Lighting brands Category:Electronics companies established in 1911 Category:American companies established in 1911 Category:Manufacturing companies based in Ohio Category:East Cleveland, Ohio Category:2020 mergers and acquisitions