Difference between revisions of "Marconi Corporation"
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In 2005 Marconi Corporation agreed to sell the bulk of its assets and its name to Swedish communications firm [[Ericsson]] in a deal worth about £1.2bn ($2.1bn). The deal saw Marconi's telecoms equipment business bought by Ericsson, leaving the UK firm with its services business, which was renamed [[Telent]].<ref>[http://news.bbc.co.uk/1/hi/business/4373934.stm Marconi in £1.2bn Ericsson deal], BBC News Online, 25 October 2005, accessed 23 Nov 2009</ref> The acquisition was completed in January 2006.<ref>[http://www.cbronline.com/news/ericsson_completes_marconi_acquisition Ericsson completes Marconi acquisition], CBR Online, 25 Jan 2006, accessed 23 Nov 2009</ref> | In 2005 Marconi Corporation agreed to sell the bulk of its assets and its name to Swedish communications firm [[Ericsson]] in a deal worth about £1.2bn ($2.1bn). The deal saw Marconi's telecoms equipment business bought by Ericsson, leaving the UK firm with its services business, which was renamed [[Telent]].<ref>[http://news.bbc.co.uk/1/hi/business/4373934.stm Marconi in £1.2bn Ericsson deal], BBC News Online, 25 October 2005, accessed 23 Nov 2009</ref> The acquisition was completed in January 2006.<ref>[http://www.cbronline.com/news/ericsson_completes_marconi_acquisition Ericsson completes Marconi acquisition], CBR Online, 25 Jan 2006, accessed 23 Nov 2009</ref> | ||
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==Notes== | ==Notes== | ||
Revision as of 15:35, 23 November 2009
The Marconi Corporation was created in 1999 by the renaming of the General Electric Company (GEC), minus the Marconi Electronic Systems business. It should not be confused with the Marconi Company. The Marconi Corporation dealt in computer services, computer network services, communication equipment, and computer network management services.[1]
In 2005 Marconi Corporation agreed to sell the bulk of its assets and its name to Swedish communications firm Ericsson in a deal worth about £1.2bn ($2.1bn). The deal saw Marconi's telecoms equipment business bought by Ericsson, leaving the UK firm with its services business, which was renamed Telent.[2] The acquisition was completed in January 2006.[3]
Notes
- ↑ Marconi Corporation plc in London, UK (United Kingdom), Kellysearch.co.uk, accessed 23 Nov 2009
- ↑ Marconi in £1.2bn Ericsson deal, BBC News Online, 25 October 2005, accessed 23 Nov 2009
- ↑ Ericsson completes Marconi acquisition, CBR Online, 25 Jan 2006, accessed 23 Nov 2009
