Robert Madonna, CEO of Savant and GE Lighting, a Savant company, said, “We are committed to ensuring that Lighting’s long history of industry leadership continues, while bringing exceptional value and reliability to retail partners and consumers. Under a long-term licensing agreement, GE Lighting, a Savant company will continue using the GE brand on its products moving forward. GE Lighting, a Savant company headquarters will continue to reside at historic NELA Park in East Cleveland, Ohio and Bill Lacey will continue to serve as president. Savant is committed to continued investment and innovation in the lamp space and their deep knowledge and expertise in home automation will help our business accelerate delivery of bold smart home innovation at retail.” Financial details were not disclosed.īill Lacey, president 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.
SOLAVANT LIGHTING PROFESSIONAL
New name will be GE Lighting, a Savant companyīOSTON, Mass.-July 1, 2020-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 company.Furthers Savant’s mission to become the premier intelligent lighting company.Creates smart home and lighting industry leader in the professional installation and retailer channels.
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