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Marconi Corporation Plc
Marconi Communications, the former telecommunications arm of Britain's General Electric Company plc (GEC), was founded in August 1998 through the amalgamation of GEC Plessey Telecommunications (GPT) with other GEC subsidiaries: Marconi SpA, GEC Hong Kong, and ATC South Africa. In December 1999, it became the principal subsidiary of Marconi plc, formed by renaming the remainder of GEC when GEC's defence arm, Marconi Electronic Systems, was sold to British Aerospace to form BAE Systems. Marconi plc was restructured to Marconi Corporation plc in May 2003. Marconi Corporation used the cash raised by selling the defence arm to buy US telecoms companies, with the aim of becoming a major telecommunications systems provider. After losing most of its value in the subsequent dot-com bubble crash, and failing to win major contracts, in 2006 Ericsson acquired a majority of Marconi Corporation. The remainder of Marconi Corporation was renamed Telent. History Companies with "Marconi" in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
System X (telephony)
System X is the digital switching system installed in telephone exchanges throughout the United Kingdom, from 1980 onwards. History Development System X was developed by the Post Office (later to become British Telecom), GEC, Plessey, and Standard Telephones and Cables (STC), and was first shown in public in 1979 at the Telecom 79 exhibition in Geneva, Switzerland. STC withdrew from the project in 1982. In 1988, the telecommunications divisions of GEC and Plessey merged to form GPT, with Plessey subsequently being bought out by GEC and Siemens. In the late 1990s, GEC acquired Siemens' 40% stake in GPT. GEC renamed itself Marconi in 1999. When Marconi was sold to Ericsson in January 2006, Telent plc retained System X and continues to support and develop it as part of its UK services business. Implementation The first System X unit to enter public service was in September 1980 and was installed in Baynard House, London and was a 'tandem junction unit' which switched tele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Easynet
Easynet was a managed services provider and delivered integrated networks, hosting and unified communications services to organisations globally. The company was later renamed Easynet Global Services, and a sister company, Easynet Connect, was founded in 2008 which focused on providing internet access connectivity to small-to-medium size companies in the UK. The company was headquartered in United Kingdom, and had offices throughout Europe, Asia Pacific, and the US. History Easynet was founded on 1 August 1994 by David Rowe (entrepreneur), David Rowe and Keith Teare, with the office based at 44-46 Whitfield Street, London. This was located above what would later become the UK's first internet café Cyberia, London, with Easynet supplying Cyberia's internet access. In March 1996 Easynet floated on the Alternative Investment Market (AIM) at 100 pence per share, thereby raising £2.6 million. Then in July 1996 Easynet acquired Pavilion, a small ISP with 1,600 subscribers, for  ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir Roger Hurn
''Sir'' is a formal honorific address in English for men, derived from Sire in the High Middle Ages. Both are derived from the old French "Sieur" (Lord), brought to England by the French-speaking Normans, and which now exist in French only as part of "Monsieur", with the equivalent "My Lord" in English. Traditionally, as governed by law and custom, Sir is used for men titled as knights, often as members of orders of chivalry, as well as later applied to baronets and other offices. As the female equivalent for knighthood is damehood, the female equivalent term is typically Dame. The wife of a knight or baronet tends to be addressed as Lady, although a few exceptions and interchanges of these uses exist. Additionally, since the late modern period, Sir has been used as a respectful way to address a man of superior social status or military rank. Equivalent terms of address for women are Madam (shortened to Ma'am), in addition to social honorifics such as Mrs, Ms or Miss. Etymol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Simpson, Baron Simpson Of Dunkeld
George Simpson, Baron Simpson of Dunkeld (born Dundee, 2 July 1942) is a British businessman and former Labour - and later unaffiliated - member of the House of Lords. In the late 1980s and early 1990s Simpson gained a reputation for turning around struggling companies. However, as CEO of Marconi plc he presided over one of the largest collapses in British corporate history. Career Simpson joined The Rover Group from its subsidiary Leyland-DAF in 1988 and took over as managing director in January 1989. Simpson reorganised the company, replacing the three boards of Austin Rover, Land Rover and the Rover Group with one single board. By this time Rover had been privatised and sold to British Aerospace (BAe) and by early 1990 Simpson had been appointed to the BAe board. In September 1991 Simpson also assumed the role of Rover chairman when the previous chairman, Sir Graham Day, was appointed as BAe's interim chairman. Day promoted Simpson to deputy chief executive of British Ae ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philips
Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven. Philips was formerly one of the largest electronics companies in the world, but is currently focused on the area of health technology, having divested its other divisions. The company was founded in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. It currently employs around 80,000 people across 100 countries. The company gained its royal honorary title (hence the ''Koninklijke'') in 1998 and dropped the "Electronics" in its name in 2013, due to its refocusing from consumer electronics to healthcare technology. Philips is organized into three main divisions: Personal Health (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Connecte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcatel (old Company)
Alcatel–Lucent S.A. () was a French–American global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a successor of AT&T's Western Electric and Bell Labs. In 2014, the Alcatel-Lucent group split into two: Alcatel-Lucent Enterprise, providing enterprise communication services, and Alcatel-Lucent, selling to communications operators. The enterprise business was sold to a Chinese company in the same year, and in 2016 Nokia purchased the rest of Alcatel-Lucent. The company focused on Fixed line telephone, fixed, Mobile phone, mobile and telecommunications convergence, converged networking hardware, Internet protocol, IP technologies, Telecommunications convergence#Telecommunication convergence business support systems, software and services, with operations in more than 130 countries. It had been named Industry Group Leader for Technology Hardwa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lucent Technologies
Lucent Technologies, Inc. was an American multinational telecommunications equipment company headquartered in Murray Hill, New Jersey. It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business unit of AT&T Corporation, which included Western Electric and Bell Labs. Lucent was merged with Alcatel SA of France on December 1, 2006, forming Alcatel-Lucent. Alcatel-Lucent was absorbed by Nokia in January 2016. Name Lucent means "light-bearing" in Latin. The name was applied for in 1996 at the time of the split from AT&T. The name was widely criticised, as the logo was to be, both internally and externally. Corporate communications and business cards included the strapline 'Bell Labs Innovations' in a bid to retain the prestige of the internationally famous research lab, within a new business under an as-yet unknown name. This same linguistic root also gives Lucifer, "the light bearer" (from lux, 'light', and ferre, 'to bear'), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FORE Systems
FORE Systems was a computer network switching equipment company based in Pittsburgh, Pennsylvania. Founded in 1990 to supply Asynchronous Transfer Mode (ATM) cards for workstation computers, it soon branched out to become a major supplier in the ATM switch market and the extended those product lines to add Internet Protocol switching and other devices. FORE was purchased by the British General Electric Company (GEC) in 1999, just before the dot-com bubble, which eventually drove GEC to reform the company as Marconi. Ericsson purchased most of Marconi in 2006. History Francois Bitz, Onat Menzilcioglu, Robert Sansum and Eric Cooper were researchers at Carnegie Mellon University who felt their 1989 project to supply a US Naval Research Laboratories Request for Development had commercial potential. They formed FORE, using the first letter of their first names, in 1990 in the Pittsburgh suburb of Warrendale, Pennsylvania. The company went public in May 1994. FORE initially produced ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RELTEC Corporation
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was founded in 1886, was Britain's largest private employer with over 250,000 employees in the 1980s, and at its peak in the 1990s, made profits of over £1 billion a year. In June 1998, GEC sold its share of the joint venture GEC-Alsthom on the Paris stock exchange. In December 1999, GEC's defence arm, Marconi Electronic Systems, was sold to British Aerospace, forming BAE Systems. The rest of GEC, mainly telecommunications equipment manufacturing, continued as Marconi Communications. After buying several US telecoms manufacturers at the top of the market, losses following the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc. In 2005, Ericsson acquired the bulk of that company. What was left of the business was renamed Telent. History Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siemens Communications
Siemens Communications was the communications and information business arm of German industrial conglomerate Siemens AG, until 2006. It was the largest division of Siemens, and had two business units – Mobile Networks and Fixed Networks; and Enterprise. Siemens Communications division was founded in 1998 through the amalgamation of a number of early groups / divisions of Siemens AG, the oldest of which traces back to the company ' Siemens & Halske Telegraph Construction Company' founded in 1847, and the most prominent predecessor being the 1978-founded 'Siemens Communication Systems'. On October 1, 2006, Siemens AG decided to divide Siemens Communications into two companies: 'Siemens Networks GmbH & Co. KG' and 'Siemens Enterprise Communications GmbH & Co. KG'. The company remains extant, through a series of mergers and divisions, as Siemens Enterprise Communications – a 2008 joint venture with the Gores Group where Siemens AG hold 49% with the balance of 51% held by the Amer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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