Who was the founder of General Electric Company?
The General Electric Company was founded by Thomas Edison, the inventor of the light bulb. In 1890, Edison started a company to bring together his various businesses all under one roof, and called it the Edison General Electric Company.
What are the recent acquisitions of General Electric?
GE Commercial Finance acquires the financial assets of Bombardier, a Canadian aircraft manufacturer for US$1.4 billion GE Water & Process Technologies acquires Zenon Environmental Systems for $758 million GE Oil & Gas acquires Vetco Gray for US$1.9 billion.
When did General Electric move to Schenectady, NY?
Construction began in 1946 on a park like site of 150 acres and phase one was completed early in 1948. The Electronics Laboratory moved there in February 1948. The Schenectady laboratories were intended to investigate more basic research whereas the Syracuse laboratories were there to support production.
Who is replacing GE in the Dow Jones industrial average?
GE acquires Baker Hughes and merges it with GE Oil and Gas to form Baker Hughes a GE Company. S&P Dow Jones Indices announces that another company will replace General Electric Co. (NYSE:GE) in the Dow Jones Industrial Average (DJIA) effective prior to the open of trading on June 26.
Who are the founders of General Electric Company?
General Electric has a long history, involving numerous mergers, acquisitions, and divestitures. Thomson-Houston Electric Company formed by Elihu Thomson and Edwin Houston, later moving from New Britain, Connecticut to Lynn, Massachusetts in 1883.
GE Commercial Finance acquires the financial assets of Bombardier, a Canadian aircraft manufacturer for US$1.4 billion GE Water & Process Technologies acquires Zenon Environmental Systems for $758 million GE Oil & Gas acquires Vetco Gray for US$1.9 billion.
Who is the current owner of General Electric Genie?
GEnie is sold to Yovelle, now part of IDT Corp. General Electric and Honeywell agree to merge, however it is blocked by European Union M&A chief Mario Monti. GE Healthcare acquires Instrumentarium. GE Security acquires InVision Technologies, a leading manufacturer of airport security equipment.
Who was involved in the great electrical equipment conspiracy?
Undoubtedly the most celebrated price fixing antitrust case of modern times is the electrical equipment manufacturers price conspiracy, decided in 1961 (1). Involved were some of the nation’s largest and most prestigious firms, such as General Electric, Westinghouse, Allis-Chalmers, Federal Pacific, I-T-E Circuit Breaker, Carrier, and many others.
