Difference between revisions of "Marconi Corporation"

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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 company dealt in computer services, computer network services, communication equipment, and computer network management services.<ref>[http://it.kellysearch.co.uk/profile/marconi+corporation+plc/gb/london/e14+5hs/901226300 Marconi Corporation plc in London, UK (United Kingdom)], Kellysearch.co.uk, accessed 23 Nov 2009</ref>
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The [[Marconi Corporation]] was created in 1999 by the renaming of the [[General Electric Company]] (GEC), minus the [[Marconi Electronic Systems]] business.  
  
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In 2005 Marconi Corporation sold 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>
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The Marconi Corporation is not the same as the [[Marconi Company]], though they are linked historically.
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The Marconi Corporation dealt in computer services, computer network services, communication equipment, and computer network management services.<ref>[http://it.kellysearch.co.uk/profile/marconi+corporation+plc/gb/london/e14+5hs/901226300 Marconi Corporation plc in London, UK (United Kingdom)], Kellysearch.co.uk, accessed 23 Nov 2009</ref>
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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>
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==History==
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1886: H. Hirst joined G. Binswanger to form the General Electric Apparatus Company in London.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1889: Name changed to the [[General Electric Company]] Ltd (GEC).<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1900: GEC was floated as a public limited company.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1961: GEC took over Radio and Allied Industries.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1963: [[Arnold Weinstock]] became managing director of GEC.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1964: GEC acquired Cannon Cookers.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1974-1987: GEC acquired Yarrow Shipbuilders, Avery, Picker, and Creda.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1989: GEC and [[Siemens]] took over [[Plessey]]. GEC acquired Plessey's naval systems and avionics business.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1990: GEC acquired parts of [[Ferranti]].<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1995: GEC acquired Vickers Shipbuilding and Engineering Ltd.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1996: Weinstock retired. George Simpson became managing director.<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 acquired [[Tracor]].<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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1999: GEC acquired [[Kvaerner]]'s Govan shipyard, [[RELTEC]], and [[FORE Systems]].<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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2000: General Electric Company was renamed the Marconi Corporation plc.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref> Marconi Corporation acquired SCITEC's Australian Communications Solutions business, MSI, Systems Management Specialists, Davies Industrial Communications, Albany Partnership, Mariposa Technology, the transmission business of Splice do Brazil, AMTEC SpA, and Telit Networks SpA.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
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2006: Ericsson took over the Marconi Corporation. Name changed to [[Telent]] plc.<ref>[http://homepages.tesco.net/~martin.batesuk/marconi/company_timeline.htm The Marconi Company], accessed 24 Nov 2009</ref>
  
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==Contact==
 
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:Address: 25 The North Colonnade, Canary Wharf, London, E14 5HS, United Kingdom
 
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:Tel: 020 7066 1000
 
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:Website: http://www.marconi.com
 
 
==Notes==
 
==Notes==
  

Latest revision as of 14:37, 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

1886: H. Hirst joined G. Binswanger to form the General Electric Apparatus Company in London.[4]

1889: Name changed to the General Electric Company Ltd (GEC).[5]

1900: GEC was floated as a public limited company.[6]

1961: GEC took over Radio and Allied Industries.[7]

1963: Arnold Weinstock became managing director of GEC.[8]

1964: GEC acquired Cannon Cookers.[9]

1974-1987: GEC acquired Yarrow Shipbuilders, Avery, Picker, and Creda.[10]

1989: GEC and Siemens took over Plessey. GEC acquired Plessey's naval systems and avionics business.[11]

1990: GEC acquired parts of Ferranti.[12]

1995: GEC acquired Vickers Shipbuilding and Engineering Ltd.[13]

1996: Weinstock retired. George Simpson became managing director.[14]

1998: GEC acquired Tracor.[15]

1999: GEC acquired Kvaerner's Govan shipyard, RELTEC, and FORE Systems.[16]

2000: General Electric Company was renamed the Marconi Corporation plc.[17] Marconi Corporation acquired SCITEC's Australian Communications Solutions business, MSI, Systems Management Specialists, Davies Industrial Communications, Albany Partnership, Mariposa Technology, the transmission business of Splice do Brazil, AMTEC SpA, and Telit Networks SpA.[18]

2006: Ericsson took over the Marconi Corporation. Name changed to Telent plc.[19]

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
  13. ↑ The Marconi Company, accessed 24 Nov 2009
  14. ↑ The Marconi Company, accessed 24 Nov 2009
  15. ↑ The Marconi Company, accessed 24 Nov 2009
  16. ↑ The Marconi Company, accessed 24 Nov 2009
  17. ↑ The Marconi Company, accessed 24 Nov 2009
  18. ↑ The Marconi Company, accessed 24 Nov 2009
  19. ↑ The Marconi Company, accessed 24 Nov 2009
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