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 ...

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 ...

Deal will create an industry leader, combining Savant’s innovative smart home technology and professional installation channels for the home with GE’s brand, lighting expertise and retailer channels ...

General Electric announced on Wednesday it has sold its historic lighting business to Massachusetts-based Savant Systems, just about closing the book on consumer products actually manufactured by GE ...

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 ...

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, ...

The Innovation Prize Fund (IPF) is a mechanism developed by Case Western Reserve University to provide corporate partners the opportunity to enter into a research relationship while minimizing ...

As Cync, the system is supposed to get a new app in March that’s meant to be more “user-friendly and customizable.” The brand is also launching an outdoor smart plug, a smart switch for ceiling fans, ...

General Electric has finally found a buyer for its lighting business and will be selling off its last consumer-facing business after more than 120 years of operation. Boston-based GE said today it ...

Boston – GE is selling its lighting unit to smart home company Savant Systems for an undisclosed amount. General Electric Co. Chairman and CEO H. Lawrence Culp Jr. said in a statement Wednesday that ...