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 ...

BOSTON (AP) — 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 ...

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 ...

Savant Systems Inc., Hyannis, Mass., a player in the professional smart home market, signed a definitive agreement to purchase GE Lighting, Nela Park, Ohio, a division of GE, that focuses on home ...

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 ...

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, ...

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 ...

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," ...

Shares of General Electric Co. jumped 6.5% in morning trading Wednesday, after the industrial conglomerate announced a deal to sell its nearly 130-year old GE Lighting business to privately held home ...

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 ...