Technology

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.

Staff Writer February 9, 2001

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.

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