In 1911 GE was found to have acquired three
quarters of theNational Electric Light
Association, an association of lighting product companies through which GE
had licensed its patented products; this trading arrangement was the subject of
anantitrustinvestigation, and as a result the
association was dissolved. GE subsequently acquired several of the
association's member companies.These were later consolidated with the
Edison lamp division.
In July, GE Lighting entered a licensing
agreement with Nuventix for its LED cooling technology and invested $10 million
into the company.Two weeks later, the company announced its
plans to buy Lightech, acquiring its LED and halogen power supplies, for a deal
reportedly worth between $15 million and $20 million.
On October 7, 2015, the Commercial division of
GE Lighting was separated from the business and a new startup, Current, powered
by GE was created.Current, powered by GEbrings together solutions from multiple GE
businesses including LED lighting, solar, electric vehicle charging stations,
and energy storage. These solutions connected with data and GE's Predix,
delivers energy saving solutions to enterprises and cities.