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., 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 ...

Terms of the deal, which is expected to close later this year, weren’t disclosed, although the Wall Street Journal reports that the sale price is about $250 million and includes a long-term license ...

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 ...

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," ...

GE Lighting Systems has debuted the first two of many upcoming outdoor LED lighting systems: the LED StreetDreams post-top fixture and an outdoor area light. The company sees the addition of these ...

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 ...

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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE Home & Business Solutions today announced that Maryrose Sylvester has been named president and CEO of GE Lighting, a global industry leader in lighting, systems ...