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General Electric is getting rid of the light bulb, the most iconic product of GE's 125-year existence. Unveiling GE's roadmap, new CEO John Flannery said that the company would focus on its health, power, and aviation businesses. Lighting didn't make the cut to be part of GE's future.
Thomas Edison invented the first commercially viable incandescent light bulb in 1879. A year later, he founded the Edison Lamp Company and began manufacturing light bulbs for sale. By 1890, Edison had consolidated Edison Lamp with most of his other businesses under Edison General Electric, and in 1892 merged with the Thomson-Houston Electric Company to form the GE we all know.
Thomas Edison invented the first commercially viable incandescent light bulb in 1879. A year later, he founded the Edison Lamp Company and began manufacturing light bulbs for sale. By 1890, Edison had consolidated Edison Lamp with most of his other businesses under Edison General Electric, and in 1892 merged with the Thomson-Houston Electric Company to form the GE we all know.