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The Gores Group
The Gores Group is a private equity firm specializing in acquiring and partnering with mature and growing businesses. The company was founded in 1987 by its CEO and chairman, Alec Gores, Alec E. Gores. Headquartered in Los Angeles, California, with an office in Boulder, Colorado, and is investing from Gores Capital Partners III, L.P. and Gores Small Capitalization Partners, L.P., which have approximately $1.5 billion and $300 million in capital commitments, respectively. Since 1987, Gores has successfully acquired and operated more than 80 companies. The company's portfolio as of 2021, includes technology, telecommunications, business services, industrial, media and entertainment and consumer products companies. History In 1978, Alec Gores founded Executive Business Systems, a hardware and software distributor, which he sold eight years later to establish what has become the Gores Group today. Gores closed its first Institutional investor, institutional private equity fund, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mattel Interactive
Mattel Interactive (Known as Mattel Media until 1999) was a video game publisher and software distributor. History Mattel originally founded the company as Mattel Media in February 1996, as an aim to expand into the multimedia unit by producing CD-ROM titles based on Mattel franchises like Hot Wheels, Barbie, Fisher-Price and Polly Pocket. The company's first releases came out in the Fall of 1996, with the company's '' Barbie Fashion Designer'' program was the first commercially successful video game made for girls. With the success of their first wave of products, Mattel Media then set on producing CD-ROM based interactive material for toys such as the Talk with Me! Barbie. Mattel Media later expanded to Video Games soon after, publishing titles like '' Hot Wheels Stunt Track Driver''. In the fall of 1998, Mattel agreed to acquire The Learning Company in a stock-for-stock merger valuing the company at approximately $4.2 billion. With the merger, Mattel themselves laid off 300 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Programme For The Endorsement Of Forest Certification
The Programme for the Endorsement of Forest Certification (PEFC) is an international, non-profit, non-governmental organization which promotes sustainable forest management through independent third party certification. It is considered the certification system of choice for small forest owners. Its 50-worldwide independent national forest certification systems represent more than of certified forests, making it the largest forest certification system in the world, covering about two-thirds of the globally certified forest area. It is based in Geneva, Switzerland. History PEFC was founded in 1999 as an international umbrella organization providing independent assessment, endorsement and recognition of national forest certification systems. Its founding was in response to the difficulties faced by small, family-owned and community forests in achieving certification under the Forest Stewardship Council. In 2000, PEFC made its first endorsements of the national standards used by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hovis
Hovis Ltd is a British company that produces flour and bread. The brand originated in Stoke-on-Trent and was first mass-produced in Macclesfield, Cheshire, in 1886. It became part of Rank Hovis McDougall (RHM) in 1962 after a succession of mergers. RHM, with its brands including Hovis and Mother's Pride, was acquired by Premier Foods in 2007. Hovis became a limited company in April 2014, after Premier Foods sold a 51% stake in the business to The Gores Group to form a joint venture between the two companies. In November 2020, it was announced that both the Gores Group and Premier Foods had sold their stakes in the business to British-based private equity firm Endless LLP. Hovis specialises in high wheatgerm wholemeal flour, the bread being baked independently. It also produces the Nimble brand reduced-calorie bread. History The brand began in 1886; the Hovis process was patented on 6 October 1887 by Richard "Stoney" Smith (1836–1900), and S. Fitton & Sons Ltd developed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unify (company)
Unify, is an Atos company headquartered in Munich, Germany and is present in over 100 countries. The company provides software-based enterprise unified communications including voice, Web collaboration, video conferencing and contact center, networking product and services. Until January 21, 2016 Unify was a joint venture between The Gores Group and Siemens. Originally announced July 29, 2008, the joint venture started operating October 1, 2013, with The Gores Group holding a 51% stake, and 49% held by Siemens AG. History Background: Heritage (1847–2006) Siemens Communications traces its origins to Siemens & Halske ''(German legal name: Telegraphen-Bauanstalt von Siemens & Halske)'' founded by Werner von Siemens on 12 October 1847. Siemens' first invention was the pointer telegraph. In the latter half of the 19th century, the company built long-distance telegraph lines, encompassing major projects in Germany and Russia, and the monumental Indo-European telegraph line stretc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harris Corporation
Harris Corporation was an American technology company, defense contractor, and information technology services provider that produced wireless equipment, tactical radios, electronic systems, night vision equipment and both terrestrial and spaceborne antennas for use in the government, defense and commercial sectors. They specialized in surveillance solutions, microwave weaponry, and electronic warfare. In 2019, it merged with L3 Technologies to form L3Harris Technologies. Headquartered in Melbourne, Florida, the company had approximately $7 billion of annual revenue. It was the largest private-sector employer in Brevard County, Florida (approximately 6,000). From 1988 to 1999, the company was the parent of Intersil, under the name Harris Semiconductor. In 2016, Harris was named one of the top hundred federal contractors by ''Defense News''. In January 2015, ''Wired'' Magazine ranked Harris Corporation—tied with U.S. Marshals Service—as the number two threat to privacy and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harris Broadcast
GatesAir is an American electronics manufacturer that produces, markets and services terrestrial TV and radio broadcast equipment globally. Products and Services GatesAir manufactures transmitters and associated broadcast gear for over-the-air television and radio broadcasting around the world. GatesAir's PowerSmart Plus technology won an award in 2016 for providing the highest power efficiency possible for UHF ATSC transmission. GatesAir also manufactures audio systems for public safety and government communications, and studio-to-transmitter links for radio broadcasters. In May 2018, GatesAir launched the website GatesAir University (see External Links), an online library of training webinars and other educational videos centered around broadcast RF engineering. Locations Research and development is driven from the company's headquarter facilities in Mason, Ohio and supported by the long-standing manufacturing center in Quincy, Illinois. The Quincy facilities reside on a 4 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexx
Mexx is a Dutch fashion brand that was created by Rattan Chadha Rattan Chadha was the founder and CEO of Mexx till he sold it in 2004. Mexx had grown to 1,200 stores in 56 countries with annual sales of one billion Euro's and 6,500 employees. After the sale of Mexx, Rattan started his own private equity com ... in 1986 by merging his brands Moustache (for men) and Emmanuelle (for women). Take the first letter of both brands and add two kisses to it: Mexx. M (oustache) + E (manuelle) + XX (two kisses) = MEXX. The advertising campaign ‘‘Everything should be XX’’ from 1986 caught on attention and Mexx became popular. Mexx has grown into an international brand in women, men and children's clothing with stores in more than 50 countries. With a production of 40 million pieces, Mexx was one of the top thirty largest brands in Europe in 2010. Since the second quarter of 2008, however, Mexx has been facing declining sales and has had to close the stores. In 2001 Mexx was boug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Electric
, established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites. In the United States, products are manufactured and sold by Mitsubishi Electric United States headquartered in Cypress, California. History MELCO was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company. MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005. The company acquired Nihon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
