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Betacom
Founded in 1969 by Dennis Baylin, Betacom is an electronics company specialising in audio and visual products. In 1992 Sir Alan Sugar's Amstrad purchased a 29.9% stake in the company from Canon Street Investments PLC. A rights issue and subscription increased Amstrad's shareholding in Betacom to 71.3%. Betacom, a UK-based domestic telephone supplier provided Amstrad with a foothold in the developing telecommunications market . The following year, repayment and cancellation of share capital involving a scheme of arrangement, as a result of which Amstrad's shareholding in Betacom reduced to 66.2%. In 1996, Amstrad granted Betacom a licence to use the Amstrad brand on consumer electronics products. In 1997 Amstrad plc was de-listed from the stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amstrad
Amstrad was a British electronics company, founded in 1968 by Alan Sugar at the age of 21. The name is a contraction of Alan Michael Sugar Trading. It was first listed on the London Stock Exchange in April 1980. During the late 1980s, Amstrad had a substantial share of the PC market in the UK. Amstrad was once a FTSE 100 Index constituent, but since 2007 has been wholly owned by Sky UK. , Amstrad's main business was manufacturing Sky UK interactive boxes. In 2010, Sky integrated Amstrad's satellite division as part of Sky so they could make their own set-top boxes in-house. The company had offices in Kings Road, Brentwood, Essex. History 1960s and 1970s Amstrad (also known as AMSTrad) was founded in 1968 by Alan Sugar at the age of 21, the name of the original company being AMS Trading (Amstrad) Limited, derived from its founder's initials (Alan Michael Sugar). Amstrad entered the market in the field of consumer electronics. During the 1970s they were at the forefront ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Viglen
Viglen Ltd provides IT products and services, including storage systems, servers, workstations and data/voice communications equipment and services. History The company was formed in 1975, by Vigen Boyadjian. During the 1980s, the company specialised in direct sales through multi page advertisements in leading computer magazines, catering particularly, but not exclusively, to owners of Acorn computers. Viglen was acquired by Alan Sugar (later Lord Sugar)'s company Amstrad in June 1994. It was listed as a public limited company in 1997, and Amstrad plc shares were split into Viglen and Betacom shares, Betacom being renamed to Amstrad PLC. Following the sale in July 2007 of Amstrad PLC to Rupert Murdoch's BSkyB, Viglen became Sugar's sole IT establishment. Viglen used to be run by CEO Bordan Tkachuk, a longtime associate of Lord Sugar, who can be seen making special guest appearances on ''The Apprentice.'' From 1994 to 1998, the company sponsored Charlton Athletic F.C., e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alan Sugar
Alan Michael Sugar, Baron Sugar (born 24 March 1947) is a British business magnate, media personality, author, politician and political adviser. In 1968, he started what would later become his largest business venture, consumer electronics company Amstrad. In 2007, he sold his remaining interest in the company in a deal to BSkyB for £125m. Sugar was the chairman and part-owner of Tottenham Hotspur F.C., Tottenham Hotspur from 1991 to 2001, selling his remaining stake in the club in 2007 as well, for £25m. He is also known for being the host and "Boss" for the BBC reality competition series ''The Apprentice (British TV series), The Apprentice'', which has been broadcast every year, with the exception of 2020, since 2005. He also assumed the role for ''The Celebrity Apprentice Australia'' for Australia's Nine Network in 2021. According to the Sunday Times Rich List 2015, ''Sunday Times'' Rich List, Sugar became a billionaire in 2015. In 2021, his fortune was estimated at £1.2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alba (electronics)
Alba was a British consumer electronics brand used for budget electronics. Established in 1917, Alba acquired its rival Bush in 1988, and was bought by the Home Retail Group, the parent company of the retailer Argos in 2008, who in turn was taken over by J Sainsbury plc in 2016. Products bearing the brand name were primarily sold at Argos, and to a lesser extent at Sainsbury's. The Alba brand was quietly dropped by Sainsbury's in 2022 and replaced by its more upmarket sister brand Bush, which has a similar history. History Original A.J. Balcombe / Alba company The name ''Alba'' originated as a trademark used on radio and television produced by A.J. Balcombe Ltd. The company was formed in 1917 or 1918 by Alfred Balcombe. Alba began by manufacturing radio sets from 1922. In the 1960s they became ''Alba Group'', and made only low-cost consumer products. Alba went into receivership in June 1982. During that time, it was a significant contributor to the development of the British ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scheme Of Arrangement
A scheme of arrangement (or a "scheme of reconstruction") is a court-approved agreement between a company and its shareholders or creditors (e.g. lenders or debenture holders). It may affect mergers and amalgamations and may alter shareholder or creditor rights. Schemes of arrangement are used to execute arbitrary changes in the structure of a business and thus are used when a reorganisation cannot be achieved by other means. They may be used for rescheduling debt, for takeovers, and for returns of capital, among other purposes. It is not a formal insolvency procedure, but it can be used alongside insolvency procedures such as administration. By country Australia In Australia, the relevant provisions for effecting a scheme of arrangement or reconstruction are located in Part 5.1 of the Corporations Act 2001 (Cth). Section 411(1) states that where a company and its creditors or shareholders propose a compromise or arrangement, the court can order a meeting or the creditors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cable & Wireless Plc
Cable & Wireless plc was a British telecommunications company. In the mid-1980s, it became the first company in the UK to offer an alternative telephone service to British Telecom (via subsidiary Mercury Communications). The company later offered cable TV to its customers, but it sold its cable assets to NTL in 2000. It remained a significant player in the UK telecoms market and in certain overseas markets, especially in the former British colonies of the Caribbean, where it was formerly the monopoly incumbent. It was also the main supplier of communication in the British South Atlantic, including Saint Helena and the Falkland Islands. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. The company split in March 2010, with its international division demerging to form Cable & Wireless Communications, acquired by Liberty Global in 2015, and since spun-off in 2018 from Liberty Global to Liberty Latin America, while the remainder of the Cable & W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer Companies Of The United Kingdom
A computer is a machine that can be programmed to carry out sequences of arithmetic or logical operations (computation) automatically. Modern digital electronic computers can perform generic sets of operations known as programs. These programs enable computers to perform a wide range of tasks. A computer system is a nominally complete computer that includes the hardware, operating system (main software), and peripheral equipment needed and used for full operation. This term may also refer to a group of computers that are linked and function together, such as a computer network or computer cluster. A broad range of industrial and consumer products use computers as control systems. Simple special-purpose devices like microwave ovens and remote controls are included, as are factory devices like industrial robots and computer-aided design, as well as general-purpose devices like personal computers and mobile devices like smartphones. Computers power the Internet, which links bill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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