I think they sold off their consumer electronics/appliance product lines to Thomson-CSF, a French company. The product lines still use the GE logo for marketing reasons.
Anyhow, GE has been banned from my business (industrial automation) unless it involves an existing legacy installation or if the client insists on GE being sole source. For the latter, GE finds me to be an SOB to do business with. In either case, I am also throwing in a sales pitch to convert to Allen Bradley.