Savant Systems Completes Acquisition of GE Lighting
Sept 4, 2020
Savant Systems has completed the acquisition of GE Lighting from GE, creating GE Lighting, a Savant company. Financial details were not disclosed.
Bill 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. 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.”
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. Under a long-term licensing agreement, GE Lighting, a Savant company will continue using the GE brand on its products moving forward.
The Savant brand remains steadfastly committed to the professional installation channel for the home, and it will continue to invest heavily in the development of the most advanced products, solutions and services for this market.
