Thursday, 28 May 2020

GE is saying goodbye to its 129-year-old light bulb business

GE is saying goodbye to its 129-year-old light bulb business

General Electric is saying goodbye to the light bulb. The conglomerate is shedding a struggling business founded by Thomas Edison more than a century ago. After years of failing to find a buyer, GE announced Wednesday it will sell its 129-year-old lighting division to smart home company Savant Systems.
Read more: https://edition.cnn.com/2020/05/27/business/ge-light-bulbs-sale/index.html?source=Snapzu

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