GE Lighting

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
GE Lighting, a Savant Company
IndustryElectric lighting
PredecessorNational Electric Lamp Company / National Electric Light Association
GE Edison lamp division
Founded1911
Headquarters,
USA
Revenue~$3 billion (2011)[1]
Number of employees
~17,000 (2011)[1]
ParentGeneral Electric (1911-2020)
Savant Systems (2020-present)
Websitewww.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]

History[edit]

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

In July 2011, 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] On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current was created.[7]

On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company.

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, archived from the original on 27 November 2011, 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. ^ https://gigaom.com/2011/07/25/ge-to-buy-led-tech-maker-lightech
  7. ^ Dan Sampson. "Current Powered by GE". New York Stock Exchange.

External links[edit]

See also[edit]

Chicago Lighting Institute