Marconi Corporation
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]
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
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
- ↑ The Marconi Company, accessed 24 Nov 2009
