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An LED holiday light. Light-emitting diode (LED) holiday lights are quickly gaining popularity in many places due to their low energy usage, long lifetime, and associated low maintenance. Colored LEDs are far more efficient at producing light than their colored incandescent counterparts.
In July 2011, GE Lighting entered a licensing agreement with Nuventix for its LED cooling technology and invested $10 million into the company. [7] 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. [ 8 ]
The 92-acre (370,000 m 2) campus is home to GE's Lighting & Electrical Institute, which was founded in 1933. Each December, Nela Park features a world-famous Christmas lighting display, which culminates in a miniature version of the National Christmas Tree in Washington, D.C., designed by GE Lighting.
Lake Myra Christmas Lights — This popular light show, courtesy of the Don Williams family, runs about 25 minutes with a five-minute intermission between shows. You can enjoy it close-up (outside ...
The company chose the name due to its association with Ahura Mazda, the transcendental and universal God of Zoroastrianism, whose name means light of wisdom in the Avestan language. In 1909, the Mazda name was created for the tungsten filament light bulb. GE sold bulbs under this trademark starting in 1909.
GE Capital reneged on promises of further financial support of Montgomery Ward's restructuring plans. [22] On December 28, 2000, after lower-than-expected sales during the Christmas season, the company announced it would cease operating, close its remaining 250 retail outlets, and lay off its 37,000 employees. [23]