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GEC-Plessey Telecommunications
GEC Plessey Telecommunications (GPT) was a British manufacturer of telecommunications equipment, notably the System X telephone exchange. The company was founded in 1988 as a joint venture between GEC and the British electronics, defence and telecommunications company Plessey. The next year, after a joint holding company of GEC and the German conglomerate Siemens acquired Plessey, GPT was converted into a 60/40 GEC/Siemens joint venture. The GPT name ceased to be used in the mid-1990s, and in 1998 the company was amalgamated into Siemens Communications. History Formation The evolution of GPT can be traced to 1986, when the General Electric Company (GEC) attempted a takeover of Plessey, a British-based international electronics, defence and telecommunications company founded in 1917; the takeover was barred by regulatory authorities. As an amicable solution, GEC and Plessey merged their telecommunications businesses (25,000 employees at the time) on 1 April 1988 as GEC Plesse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dot-com Bubble
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com Startup company, startups. Between 1995 and its peak in March 2000, investments in the NASDAQ composite stock market index rose by 80%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Others, like Lastminute.com, MP3.com and PeopleSound were bought out. Larger companies like Amazon (company), Amazon and Cisco Systems lost large portions of their market capitalizati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Companies Disestablished In 1998
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture * British English, the English language as spoken and written in United Kingdom of Great Britain and Northern Ireland and, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *People or things associated with: ** Great Britain, an island ** British Isles, an island group ** United Kingdom, a sovereign state ** British Empire, a historical global colonial empire ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) * British Raj, colonial India under the British Empire * British Hong Kong, colonial Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Telecommunications Companies Of The United Kingdom
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Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Computer Companies Of The United Kingdom
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product In Industry (economics), industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the Product engineering, engineering, Product design, design, and Manufacturing, ma ... * Obsolescence {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siemens Enterprise Communications
Unify is a Mitel company headquartered in Munich, Germany and is present in over 100 countries. It provides software-based enterprise unified communications including voice, Web collaboration, video conferencing and contact center, networking product and services. Known as ''Siemens Enterprise Communications'' (SEN) until January 21, 2016, it was a joint venture between The Gores Group and Siemens. Originally announced July 29, 2008, SEN started operating in 2013, with Gores having a 51% stake, while Siemens had 49%. In October 2023, Mitel completed the purchase of the company. 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 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telent
Telent Technology Services Limited is a British radio, telecommunications, and digital infrastructure systems installation and services provision company. The name is used from 2006 for those parts of the United Kingdom and German services businesses of Marconi Corporation (formerly General Electric Company, GEC) which had not been acquired by Ericsson. Companies with Marconi in their name can trace their ultimate origins, through mergers and takeovers, to The Marconi Company Ltd., founded by Guglielmo Marconi in 1897 as The Wireless Telegraph & Signal Company. History The company's predecessor was formed in September 1961 as GEC Telecommunications Limited, a division of the GEC conglomerate. In 1988 the division became part of the GEC Plessey Telecommunications joint venture, and following the breakup of GPT during the 1990s it was renamed Marconi Communications Limited in 1998, when GEC decided to switch to use the better known Marconi brand name which it had owned for som ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ericsson
(), commonly known as Ericsson (), is a Swedish multinational networking and telecommunications company headquartered in Stockholm, Sweden. Ericsson has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G. Ericsson has over 57,000 granted patents and it is the inventor of Bluetooth technology. The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, cellular 4G and 5G equipment, and Internet Protocol (IP) and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. The company is listed on the Nasdaq Stockholm under the ticker symbols ERIC.A and ERIC.B and on the American Nasdaq under the ticker symbol ERIC. The company was founded in 1876 by Lars Magnus Ericsson and is jointly controlled by the Wallenberg family through its holding company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BT 21CN
The 21st Century Network (21CN) programme is the data and voice network transformation project, under way since 2004, of the UK telecommunications company BT Group plc. It was intended to move BT's telephone network from the AXE/ System X Public Switched Telephone Network (PSTN) to an Internet Protocol (IP) system. As well as switching over the PSTN, BT planned to deliver many additional services over their new data network, such as on-demand interactive TV services. BT originally stated that it would accrue annual savings of £1 billion when the transition to the new network was completed, and hoped to have over 50% of its customers transferred by 2008 (see ''External links'' below for current progress on the roll-out of optical fibre by Openreach). Capital expenditure was put at £10 billion over five years, this being 75% of BT's total capital spending plans in that period. Architecture The new network is based on an architectural model of five classes of network nodes. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
