The new company will continue to do business under the SMART name and will be led by SMART LLC president and CEO Herman Cardenas. The company will provide homebuilders with a complete product and services line, essentially a one-stop shop powered by GE, SMART and Microsoft technologies, making it simple to install and maintain an Internet-ready, connected home.
General Electrics and Microsoft to form new company
General Electric Co., Microsoft Corp. and SMART LLC have announced to the press that they have agreed to create a company that will offer simplified, "connected home" solutions for homebuilders and new home buyers.