The History of RCA

History of RCA Over 50 years, Elihu Thomson has been one of the richest inventors in the United States and has obtained 696 US patents covering arc lamps, generators, welders, and X-ray tubes. However, in all of his inventions, the equipment used to measure the electricity used by the recording power meter, home or business has brought fame and opportunity. (RCA Online 1) Thomson established a major electric company from 1,800 students and Edwin Houston, a high school science professor.

At the end of 1985 GE bought NBC's parent company RCA for $ 6.3 billion in cash, the initial focus was Welch. At that time, this was the biggest acquisitions in history and recalled RCA to their families. GE founded RCA in 1919, but due to the threat of antitrust law, in 1933 he had to sell his subsidiary. After the initial excitement surrounding the transaction, Mr. Welch noticed NBC losing $ 150 million a year. Welch changed its business by setting high financial goals for NBC, cutting costs and replacing dissatisfied network administrators. By 1997, after more than 10 years of Welch's fraud, NBC became an undeniable leader of online TV. GE turns NBC into a profitable company that still offers high quality products

In 1986 NBC's control came back to General Electric (GE) by acquiring RCA for $ 6.4 billion. (General Electric subsequently liquidated the RCA but retained the NBC.) After the acquisition of General Electric, Bob Wright served as the CEO of NBC until he retired in 2007 and Jeff Zach replaced him. In 2003, French media company Vivendi merged its entertainment assets with GE and founded NBC Universal. Comcast purchases the controlling stock of the company in 2011 and acquired the remaining shares of GE in 2013. After Comcast's merger, Zach resigned from NBCUniversal and replaced Comcast's Executive Steve Burke as CEO.