GE and Immelt

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Title: GE and Immelt

Essay Details:

Subject: Business

Author: Ethan C

Date: August 12, 2011

Level:

Grade: A

Length: 8 / 2323

Essay text:

Out of the laboratory came arguably the most famous invention of all?a practical incandescent electric lamp. By 1890, Edison had organized his various businesses into the Edison General Electric Company. In 1879, Elihu Thomson and Edwin J. Houston formed the rival Thomson-Houston Electric Company. It merged with various companies and was later led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. Mergers with competitors and the patent rights owned by each company made them dominant in the electrical industry. As businesses expanded, it became increasingly difficult for either company to produce complete electrical installations relying solely on their own technology...

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