The C by GE Life and Sleep LEDs, two of GE Lighting’s recent smart bulb offerings.
Chris Monroe/CNET
Savant Systems, a Massachusetts-based maker of professionally installed smart home systems, has struck a deal with General Electric to purchase the GE Lighting brand, the companies announced Wednesday. The venerable lighting manufacturer, which dates back to the invention of the incandescent light bulb well over 100 years ago, will remain headquartered at its Nela Park facilities in Cleveland. Its 700 employees will transfer to Savant upon the transaction’s completion, expected by mid-2020.
The sale is the latest development in GE’s multiyear restructuring…
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