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Total$3.2B
Converteam, 3/11 $3.2B
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Grant, 11/09
$2M

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General Electric

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.

Milestones

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Sources

  1. G.E. to Buy French Company for $3.2 Billion (dealbook.nytimes.com) [edit]
  2. Citation Needed [add]
  3. Cool Planet BioFuels, Inc.: Series B $17.7M (onbiovc.com) [edit]
  4. BP, Shea Ventures, Google Ventures And Others Invest in Cool Planet’s C Round (techcrunch.com) [edit]
  5. UMC Capital Corp. Invests in Trilliant (prweb.com) [edit]
  6. Smart Grid Company Trilliant Scores $106M In Funding – Next Up, An IPO? (techcrunch.com) [edit]
  7. http://earth2tech.com/2009/08/04/ge-beams-more-cash-into-advanced-electron-tech/ (earth2tech.com) [edit]
  8. A123 Raises Another $69 Million (pehub.com) [edit]
  9. Southwest Windpower Raises $10 Million (pehub.com) [edit]
  10. VentureBeat (venturebeat.com) [edit]
  11. mitsloanblog.typepad.com [edit]
  12. Ad network Adify gets $19M to build out vertical ad network model (venturebeat.com) [edit]
  13. press release (flyclear.com) [edit]
  14. GE awarded $2M to develop geothermal tech (masshightech.com) [edit]
  15. GE, Kleiner Perkins, Emerald, And More Launch $200 Million ‘Ecomagination Challenge’ (techcrunch.com) [edit]
  16. GE Acquires Tall Turbine Tech From Wind Tower Systems (techcrunch.com) [edit]
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Last Edited 2/9/12

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