GEC
GEC (formerly the General Electric Company, not to be confused with the US company General Electric) was an arms company based in the UK. The Company was was renamed Marconi Corporation plc in 1999 after its defence arm was sold to British Aerospace. In 2005-6 Ericsson purchased the bulk of Marconi and the remaining businesses were renamed Telent plc.[1][2]
Contents
History
The General Electric Company was founded as the General Electric Apparatus Company in London in 1886 by H. Hirst and G. Binswanger. In 1889 the company's name was changed to the General Electric Company (GEC), which in 1900 was floated as a public limited company.[3]
In 1963 Arnold Weinstock became managing director of GEC. Between 1964 and 1987 the company acquired a number of other companies, including Cannon Cookers (1964), Yarrow Shipbuilders (1974), Avery (1979) and Credda (1987).[4]
Resources
External resources
- Wikipedia The General Electric Company
- Wikipedia Ericsson
- Wikipedia Telent plc
Notes
- ↑ IPD Group GEC History, accessed 10 March 2009
- ↑ Ericsson buys Marconi: £1.2bn for assets and name By John Oates The Register, 25th October 2005 09:24 GMT
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
