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GE Money buys Superbank's $500 million lending portfolio [18] 2007 GE Consumer & Industrial acquires Microwave Data Systems for US$600 million 2007 GE-Aviation acquires Smiths Aerospace for £2.4 billion 2007 GE Oil & Gas acquires Vetco Gray for US$1.9 billion. [19] [20] 2007 GE Plastics is sold to SABIC for US$11.6 billion. [21] 2008
In 1945 Burlew sold the remainder of the company, the tube division, to General Electric; this became GE's primary tube making facility. [4] In 1987, GE sold the company to a group of investors who formed a company called MPD, Inc. [5] From 1921 to 2006 the building served as home to Smith Machine and Supply, Inc.
On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current, was created. [9] On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company headquartered in Hyannis, Massachusetts, United States. [10] This was General Electric's last consumer business. [11]
Its origins are in microwave discharge light sources used for ultraviolet curing in the semiconductor and printing industries. [1] Since 1994, General Electric has produced its induction lamp Genura with an integrated high frequency driver, operating at 2.65 MHz. In 1996, Osram started selling their Endura induction light system, operating at ...
General Electric in Schenectady, New York, aerial view, 1896 Plan of Schenectady plant, 1896 [19] General Electric Building at 570 Lexington Avenue, New York. During 1889, Thomas Edison (1847–1931) had business interests in many electricity-related companies, including Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and ...
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