GE's Move To Boston Could Revive Local Tech Business Ambitions (networkworld.com)

An anonymous reader quotes a report from Networkworld: Two-hundred people will run General Electric from the company's new headquarters in the Fort Point part of the city and another 600 will work in its labs. According to Immelt's vision, the headquarters will be open for interacting with startups and academia in which GE is both convener and catalyst. In an interview with Boston's business and political elite yesterday, chairman of the board and chief executive officer of GE Jeff Immelt said GE moved to Boston for two reasons: to win the Internet of Things and rethink how companies work in this winner-take-all technology and innovation economy. If GE's top management can add the missing ingredient by transferring the know-how for growing businesses to billions of dollars in quarterly revenue, Boston could regain its preeminent position for technology business leadership equal to its reputation for leading-edge research and development.