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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==History==
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1897: the Marconi Company was founded by Guglielmo Marconi as the Wireless Telegraph & Signal Company (sometimes presented as the Wireless Telegraph Trading Signal Company).<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1900: the Wireless Telegraph & Signal Company was renamed the [[Marconi Wireless Telegraph Company]].<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1946: the Marconi Wireless Telegraph Company became a wholly owned subsidiary of the English Electric Company.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1963: the Marconi Wireless Telegraph Company's name was changed to the Marconi Company Ltd.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1968: the subsidiaries of the Marconi Company, Marconi Space & Defence Systems (MSDS) and Marconi Underwater Systems Ltd., were formed.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1969: the subsidiaries Marconi-Elliott Avionics Systems Ltd. and Marconi-Elliott Computer Systems Ltd. were formed.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1990: the Marconi Company's name was changed to [[GEC-Marconi]] Ltd.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1998: GEC-Marconi was renamed [[Marconi Electronic Systems]] (MES).<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1999: Marconi Electronic Systems was sold to [[British Aerospace]] to form [[BAE Systems]].<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
 
==Notes==
 
==Notes==
  

Revision as of 14:09, 24 November 2009

The Marconi Corporation was created in 1999 by the renaming of the General Electric Company (GEC), minus the Marconi Electronic Systems business.

The Marconi Corporation is not the same as the Marconi Company, though they are linked historically.

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]

History

1897: the Marconi Company was founded by Guglielmo Marconi as the Wireless Telegraph & Signal Company (sometimes presented as the Wireless Telegraph Trading Signal Company).[4]

1900: the Wireless Telegraph & Signal Company was renamed the Marconi Wireless Telegraph Company.[5]

1946: the Marconi Wireless Telegraph Company became a wholly owned subsidiary of the English Electric Company.[6]

1963: the Marconi Wireless Telegraph Company's name was changed to the Marconi Company Ltd.[7]

1968: the subsidiaries of the Marconi Company, Marconi Space & Defence Systems (MSDS) and Marconi Underwater Systems Ltd., were formed.[8]

1969: the subsidiaries Marconi-Elliott Avionics Systems Ltd. and Marconi-Elliott Computer Systems Ltd. were formed.[9]

1990: the Marconi Company's name was changed to GEC-Marconi Ltd.[10]

1998: GEC-Marconi was renamed Marconi Electronic Systems (MES).[11]

1999: Marconi Electronic Systems was sold to British Aerospace to form BAE Systems.[12]

Notes

  1. ↑ Marconi Corporation plc in London, UK (United Kingdom), Kellysearch.co.uk, accessed 23 Nov 2009
  2. ↑ Marconi in £1.2bn Ericsson deal, BBC News Online, 25 October 2005, accessed 23 Nov 2009
  3. ↑ Ericsson completes Marconi acquisition, CBR Online, 25 Jan 2006, accessed 23 Nov 2009
  4. ↑ The Marconi Company, accessed 24 Nov 2009
  5. ↑ The Marconi Company, accessed 24 Nov 2009
  6. ↑ The Marconi Company, accessed 24 Nov 2009
  7. ↑ The Marconi Company, accessed 24 Nov 2009
  8. ↑ The Marconi Company, accessed 24 Nov 2009
  9. ↑ The Marconi Company, accessed 24 Nov 2009
  10. ↑ The Marconi Company, accessed 24 Nov 2009
  11. ↑ The Marconi Company, accessed 24 Nov 2009
  12. ↑ The Marconi Company, accessed 24 Nov 2009
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