General Electric Company was an American multinational conglomerate founded in 1892 and incorporated in the state of New York and headquartered in Boston. The company had several divisions, including aerospace, energy, healthcare, and finance.

General Electric

Healthcare

United States of America

The Conglomerates sector refers to the area of the market occupied by large corporations comprised of diverse and unrelated business units. The rise of the conglomerate model began as ambitious businesses keen to expand were unable to grow in their own sector. Firms began acquiring businesses in unfamiliar sectors and diversifying themselves. Conglomerates may be regarded as dinosaurs in the developed world, but in emerging markets, diversified business groups continue to thrive, namely south east Asia. Investors in the west believe that diversification destroys value. However that is changing. Tech companies, with their abundant cash flows, are becoming a new version of the conglomerate, investing in research & development sometimes far afield of their core competencies. Diversified enterprises, by one name or another, will play a big role in the business world for a long time.

Irvine

California

Conglomerate

Boston

Massachusetts

10,001+ Employees

Change doesn't just propel business. It propels the world. In ever-evolving times, our three GE CEOs understand that we must ...

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