General Electric (GE) and General Motors(GM) Corporation, which produces automobiles, are not one company and are not related. General Electric (GE) is the world's largest diversified service company and a provider of high-quality, high-tech industrial and consumer products. Somewhere in the world, an airplane powered by a GE engine takes off every four seconds.
History:
General Electric traces its history back to Thomas Edison, who founded the Edison Electric Light Company in 1878.In 1892, the Edison Electric Light Company merged with the Thompson-Houston Electric Company to form General Electric (GE).
General Electric was formed by John Pierpont Morgan in 1892 when he financed the merger of three companies, including the Edison General Electric Company and the Thomson-Houston International Electric Company. After two world wars, this company gained rapid growth.