GE Lighting

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GE Lighting
Industry Electric lighting
Predecessors National Electric Lamp Company / National Electric Light Association
GE Edison lamp division
Founded 1911
Headquarters East Cleveland, Ohio, USA
Revenue ~3$ billion (2011)[1]
Employees ~17000 (2011)[1]
Parent General Electric
Website www.gelighting.com

GE Lighting is a division of General Electric headquartered in Nela Park, East Cleveland, Ohio, United States, employing 17,000 people and tracing its origins to Thomas Edison's work on lighting.[2]

In 1911 GE 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.[3] These were later consolidated with the Edison lamp division.[4]

Partnerships and Acquisitions[edit]

2011

In July, GE Lighting entered a licensing agreement with Nuventix for its LED cooling technology and invested $10 million into the company.[5] 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.[6]

References[edit]

  1. ^ a b Jeremy Lemer; Ed Crooks (14 October 2010), "GE sees big change from energy efficiency", www.ft.com (Financial Times) 
  2. ^ "History of Nela Park: GE Commercial Lighting Products", www.gelighting.com, retrieved 22 July 2011 
  3. ^ William E. Rothschild (2006), "Using licenses to maintain competitive positions / How to come out ahead even when you lose", The secret to GE's success, McGraw-Hill Professional, pp. 27–28 
  4. ^ Josephine Young Case; Everett Needham Case, "8. General Electric and "Fair Competition"", Owen D. Young and American enterprise: a biography, David R. Godine, p. 808, "(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" 
  5. ^ GigaOm. "A Better Way to Cool LEDS Gets Attention from GE."
  6. ^ GigaOm. "GE To Buy LED Tech Maker Lightech".

External links[edit]