BOSTON (AP) — GE is selling its lighting unit to smart home company Savant Systems for an undisclosed amount. General Electric Co. Chairman and CEO H. Lawrence Culp Jr. said in a statement Wednesday ...
BOSTON — GE announced on Wednesday that it is selling its lighting unit to smart home company Savant Systems for an undisclosed amount. The proposed transaction includes a long-term licensing ...
General Electric announced today it would sell its 129-year-old lighting division to Savant Systems, Inc., a Boston-based firm that specializes in smart home lighting. According to GE CEO Larry Culp, ...
Savant Systems Inc., Hyannis, Mass., a player in the professional smart home market, signed a definitive agreement to purchase GE Lighting, Nela Park, Ohio, a division of GE, that focuses on home ...
GE Lighting, formed nearly 130 years ago in East Cleveland, is about to make some new history. Hyannis, Mass., company Savant Systems Inc., a seller of smart-home technology, announced on Wednesday, ...
Savant Systems, Inc., an industry leader in the professional smart home space has announced today that it has completed the acquisition of GE Lighting from GE (NYSE: GE), creating GE Lighting, a ...
A famed part of Cleveland business history is about to enter a new era. Financial terms of the transaction were not disclosed. The Wall Street Journal, citing a "person familiar with the matter," ...
The latest move in GE's restructuring comes as Savant seeks to expand its foothold as a supplier of professionally installed smart home systems. Originally hailing from Troy, Ohio, Ry Crist is a ...