GE switches off light bulb business after almost 130 years | ARS Technica

After being a business and collaborating with Thomas Edison in the late 1800’s, General Electric (GE) is shifting its business over to a Cleveland based company, Savant System. This deal is estimated to be 250 million dollars (Wall Street Journal). The lighting business has been one of their most developed. The company is known to have a lot of debt

Source: https://arstechnica.com/information-technology/2020/05/ge-switches-off-light-bulb-business-after-almost-130-years/