Date
|
Event
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2000
|
Montgomery Ward folded by GE Capital due to declining sales
|
2001
|
General Electric and Honeywell agree to merge, however it is blocked by European Union M&A chief Mario Monti.
|
2001
|
Jeffrey Immelt becomes CEO, replacing Jack Welch
|
2001
|
NBC acquires Telemundo, one of the leading Spanish language television networks
|
2002
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GE stops sponsoring the public television program The McLaughlin Group after 16 years.
|
2002
|
The finance committee of the board is dissolved
|
2003
|
GE Healthcare acquires Instrumentarium.
|
2003
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GE Capital acquires Transamerica Finance from AEGON, who retained the rest of Transamerica Corporation
|
2004
|
NBC acquires the entertainment assets of Vivendi Universal, excluding Universal Music and forms NBC Universal, of which General Electric owns 80%
|
2004
|
GE Healthcare acquires Amersham plc
|
2004
|
GE Capital acquires Dillard's credit card unit for US$1.25 billion
|
2004
|
GE sells 60% stake in GE Capital International Services (GECIS) to private equity companies, Oak Hill Capital Partners and General Atlantic, for $500 million
|
2004
|
Genworth Financial formed from General Electric's life and mortgage insurance assets
|
2004
|
GE Security acquires InVision Technologies, a leading manufacturer of airport security equipment. On July 1, 2009, the European Union approves the sale of 81 percent of GE's airport security and biometrics division to French company Safran.
|
2005
|
GE Commercial Finance acquires the financial assets of Bombardier, a Canadian aircraft manufacturer for US$1.4 billion
|
2006
|
GE Healthcare acquires IDX Systems, a medical software firm, for US$1.2 billion
|
2006
|
GE Advanced Materials division is sold to Apollo Management for US$3.8 billion
|
2006
|
GE Water & Process Technologies acquires Zenon Environmental Systems for $758 million
|
2006
|
GE Money buys Superbank's $500 million lending portfolio
|
2007
|
GE Consumer & Industrial acquires Microwave Data Systems for US$600 million
|
2007
|
GE-Aviation acquires Smiths Aerospace for ÂŁ2.4 billion
|
2007
|
GE Oil & Gas acquires Vetco Gray for US$1.9 billion.
|
2007
|
GE Plastics is sold to SABIC for US$11.6 billion.
|
2008
|
GE Oil & Gas acquires Hydril Pressure & Control for US$1.12 billion from Tenaris, who retains possession of Hydril Premium Connections.
|
2008
|
GE Co. acquires Vital Signs Inc. for US$860 million
|
2009
|
GE buys Vivendi's stake in NBC Universal and sell a controlling interest of the company to Comcast, with GE retaining 49 percent interest in the joint venture
|
2009
|
GE acquires Norway-based turbine manufacturer ScanWind.
|
2010
|
GE enters negotiations with Comcast Corporation to sell the NBC Universal unit; Clearance by the FCC and US Attorney General are required
|
2011
|
GE completes sale of NBC Universal with Comcast. GE still owns 49% of The Venture
|
2013
|
GE sells the remaining part of NBC Universal to Comcast.
|
2013
|
GE sells Vital Signs division Carefusion for 500M USD.
|
2014
|
GE agreed to sell their appliance business to Electrolux but the deal was not completed.
|
2015
|
Due to antitrust issues, GE cancels the appliance business deal with Electrolux after strong oppositions from antitrust regulators
|
2015
|
GE completes Alstom Power acquisition.
|
2016
|
GE agreed to sell its appliance business to Qingdao Haier for $5.4 billion including the 48.4% of shares it held in Mabe, a Mexican appliance maker
|
2016
|
GE acquires ShipExpress
|
2016
|
General Electric moved their global headquarters from Fairfield, Connecticut, to the South Boston Waterfront in August 2016.
|
2016
|
GE Digital acquires ServiceMax
|
2017
|
GE acquires Baker Hughes and merges it with GE Oil and Gas to form Baker Hughes a GE Company.
|
2018
|
S&P Dow Jones Indices announces that another company will replace General Electric Co. (NYSE:GE) in the Dow Jones Industrial Average (DJIA) effective prior to the open of trading on June 26.
|
2019
|
GE sells GE Transportation to Wabtec and terminates ownership of former said company after 112 years of ownership.
|
2021
|
GE announces split of company into three separate concerns—GE HealthCare, GE Vernova, and GE Aerospace—with the healthcare and energy (Vernova) divisions being spun off and the company pivoting to aviation by rebranding as GE Aerospace.
|
2023
|
GE completes spin-off of GE HealthCare
|
2024
|
GE completes spin-off of GE Vernova. The company is now known as GE Aerospace and ceases to exist as a conglomerate, the General Electric Company name retired after 130 years.
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