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, ...
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 ...
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 ...
GE Lighting, which is owned by Savant, introduced several new products at CES 2026. The company brought out a line of decorative lighting options and also showed new smart shades. These products are ...
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," ...
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 ...