GE to Sell Lighting Business to Savant Systems, Inc. | GE Newsroom
Deal will create an industry leader combining GE’s brand, lighting expertise and retailer channels with Savant’s innovative smart home technology and professional installation channels for the home
Savant will continue use of the GE brand
Furthers GE’s transformation into a more focused industrial company
BOSTON, Mass.—May 27, 2020—GE (NYSE:GE) announced today it has signed a definitive agreement to sell its Lighting business to Savant Systems, Inc., an industry leader in the professional smart home space.