Savant Systems to acquire GE Lightning from General Electric.

Savant Systems, a smart home company, agreed to acquire a GE Lightning, a lightning division of General Electric, an American multinational conglomerate. Financial terms were not disclosed. "We are committed to ensuring that GE Lighting’s long history of industry leadership continues, while bringing exceptional value and reliability to retail partners and consumers as the number one intelligent lighting company worldwide. Never before has connectivity, security, intelligent lighting and entertainment, all enjoyed within the comforts of home, been more top of mind with consumers," Robert Madonna Savant Systems Founder and CEO.