Not many people know today that GE was pretty much founded by Thomas Edison. During 1889, Tomas Edison had business interests in many electricity-related companies: Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and large electric motors in Schenectady, New York; Bergmann & Company, a manufacturer of electric lighting fixtures, sockets, and other electric lighting devices and Edison Electric Light Company, the patent-holding company and the financial arm backed by J.P. Morgan and the Vanderbilt family for Edison’s lighting experiments. In 1889, Drexel, Morgan & Co., a company founded by J.P. Morgan and Anthony J. Drexel, financed Edison’s research and helped merge those companies under one corporation to form Edison General Electric Company.
As of 2016, GE has operations through the following segments: Power & Water, Oil and Gas, Aviation, Healthcare, Transportation and Capital which cater to the needs of Financial services, Medical devices, Life Sciences, Pharmaceutical, Automotive, Software Development and Engineering industries.
In 2014, the former GE Appliances and Lighting segment, was dissolved when GE’s appliance division was sold to Haier.
GE has a full lineup of appliances available on the market today.
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