|Post IPO Valuation|
|Cool Planet Energy Systems||6/2013|
|University of Connecticut||10/2012|
|Advanced Electron Beams||8/2009|
|Grant, 11/2009 ||$2M|
The General Electric Company, or GE, is an American multinational conglomerate corporation incorporated in the State of New York.
In 2009, Forbes ranked GE as the world’s largest company. The company has 304,000 employees around the world.
GE is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, medical imaging, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.
GE has a strong set of global businesses in infrastructure, finance and media aligned to meet today’s needs, including the demand for global infrastructure; growing and changing demographics that need access to healthcare, finance, and information and entertainment; and environmental technologies.
In 2009, GE delivered solid results despite the tough economic climate with earnings of $11.2 billion. Industrial cash flow from operating activities for the year remained strong at over $16.6 billion.
GE traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thomson-Houston Electric Company created General Electric Company. GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896.