Michael Weinold
The Latest
-
General Electric’s exit from lighting business is a warning to other players in the sector
After nearly 130 years in business and a series of breakthrough innovations that shaped the way we light up our homes, General Electric has sold its lighting division to the US-based market leader in smart homes, Savant, for a reported US$250 million (£198 million). 
After nearly 130 years in business and a series of breakthrough innovations that shaped the way we light up our homes, General Electric has sold its lighting division to the US-based market leader in smart homes, Savant, for a reported US$250 million (£198 million).
