Savant Systems acquires GE Lighting
(USA) – The move furthers Savant’s goal of becoming leading intelligent lighting company.
Savant Systems has announced that it has completed the acquisition of GE Lighting from GE, creating GE Lighting, a Savant company.
Bill Lacey, President and CEO of GE Lighting, a Savant company, said: “For more than a century we’ve been bringing the future to light as part of GE and today we couldn’t be more excited to continue our journey as part of Savant. Savant is committed to continued investment and innovation in the lamp and fixture space, and its deep knowledge and expertise in home automation will help our business accelerate delivery of bold smart home innovation in retail.”
Robert Madonna, Chairman of Savant and GE Lighting, added: “We are committed to ensuring that GE Lighting’s long history of industry leadership continues, while bringing exceptional value and reliability to retail partners and consumers. This acquisition has moved our company significantly toward our goal of becoming the number one intelligent lighting and smart home company worldwide.”