GE Lighting
| Industry | Electric lighting |
|---|---|
| Predecessor |
National Electric Lamp Company / National Electric Light Association GE Edison lamp division |
| Founded | 1911 |
| Headquarters | East Cleveland, Ohio, USA |
| Revenue | ~3$ billion (2011)[1] |
Number of 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
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
- ↑ 1.0 1.1 Jeremy Lemer; Ed Crooks (14 October 2010), "GE sees big change from energy efficiency", www.ft.com (Financial Times)
- ↑ "History of Nela Park: GE Commercial Lighting Products", www.gelighting.com, retrieved 22 July 2011
- ↑ 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
- ↑ 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
- ↑ GigaOm. "A Better Way to Cool LEDS Gets Attention from GE."
- ↑ GigaOm. "GE To Buy LED Tech Maker Lightech".
