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ISTEL
ISTEL, formerly BL Systems, and latterly AT&T Istel, was a British information technology company that provided IT and telecommunications systems to the automotive industry during the 1980s and 1990s. It started as the IT services arm of car manufacturer British Leyland and later expanded to providing services to a number of rival automotive manufacturers. History The company was formed in 1979 as BL Systems Limited (BLSL) through a merger of the computer departments of various automotive manufacturing companies brought together under the British Leyland (BL) umbrella. John Leighfield became the chairman of the new company, which, in addition to providing the computer resources and telecommunications services for the BL companies, gradually started to provide similar services for other outside companies. The company's headquarters were established in Redditch and Coventry. BL Systems pioneered many services, including the establishment of Europe's first microwave communications n ...
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John Leighfield
John Percival Leighfield (born 1938) is a British IT industry businessman who established and led ISTEL in the 1980s and early 1990s. He was chairman of RM plc from 1993 until 2011. In 2005, John Leighfield was appointed as a Director of Getmapping, a UK supplier of aerial photography, mapping products and data hosting solutions. He is also Chairman of Governors of the WMG Academy for Young Engineers, Coventry#Trust, WMG Academy Trust (which operates two University technical colleges). Early life and education John Leighfield was born in Oxford, England, and was a pupil at Magdalen College School, Oxford, Magdalen College School. He then read Greats at Exeter College, Oxford, Exeter College, Oxford University, Oxford. He has an MA from Oxford, Honorary Doctorates from the University of Central England in Birmingham (DUniv), from De Montfort University (DTech), from Wolverhampton University (DTech) and from the University of Warwick (DLL). He is a Fellow of the Royal Society ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Rover Group
The Rover Group plc was the British vehicle manufacturing conglomerate known as "BL plc" until 1986 (formerly British Leyland), which had been a state-owned company since 1975. It initially included the Austin Rover Group car business (comprising the Austin, Rover, Mini and MG marques), Land Rover Group, Freight Rover vans and Leyland Trucks. The Rover Group also owned the dormant trademarks from the many companies that had merged into British Leyland and its predecessors such as Triumph, Morris, Wolseley, Riley and Alvis. The Rover Group was owned by British Aerospace (BAe) from 1988 to 1994. In 1994, BAe sold the remaining car business of Rover Group plc to the German company BMW. The group was then broken up in 2000, when Ford acquired the Land Rover division, with the Rover and MG marques continuing with the much smaller MG Rover Group until 2005. Ownership of the original Rover Group marques is currently split between BMW (Germany), SAIC (China), and Tata Motors ( ...
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Post Office Limited
Post Office Limited, formerly Post Office Counters Limited and commonly known as the Post Office, is a state-owned retail post office company in the United Kingdom that provides a wide range of postal and non-postal related products including postage stamps, banking, insurance, bureau de change A bureau de change (plural bureaux de change, both ; British English) or currency exchange (Comparison of American and British English, American English) is a business where people can exchange one currency for another. Nomenclature Original ... and identity verification services to the public through its nationwide network of around 11,500 branches. Most of these branch post offices (%) are run by Franchising, franchise partners or by independent business people known as subpostmasters; Post Office Limited directly manages the remaining 1%, known as Crown post offices. Since 2020, a public enquiry has been under way into the company's actions which led to between 700 and 900 subpo ...
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Boots (company)
Boots UK Limited (formerly Boots the Chemists Limited) is a British health and beauty retailer and pharmacy chain that operates in the United Kingdom. It also operates internationally, including Ireland, Italy, Norway, the Netherlands, Thailand and Indonesia. The parent company, The Boots Company plc, merged with Alliance UniChem in 2006 to form Alliance Boots. In 2007, Alliance Boots was bought by Kohlberg Kravis Roberts and Stefano Pessina, taking the company private, and moving its headquarters to Switzerland, making it the first-ever FTSE 100 company to be bought by a private equity firm. In 2012, Walgreens bought a 45% stake in Alliance Boots, with the option to buy the rest within three years. It exercised this option in 2014, and as a result Boots became a subsidiary of the new company, Walgreens Boots Alliance, on 31 December 2014. Boots is one of the largest retailers in the UK and Ireland, both in terms of revenue and the number of shops. As of December 2024, Boots ...
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BOC (company)
BOC Limited is a British based multinational, industrial gas company. Formerly listed on the London Stock Exchange, since 2006 it has been a subsidiary of Linde plc. History Brin's Oxygen Company was formed in 1886, by two French brothers, Arthur and Léon Brin. In the early years, the company manufactured oxygen using a high-temperature barium oxide process, known as the Brin process, developed from the work of French scientist Jean-Baptiste Boussingault. The main application for gaseous oxygen at that time was in connection with the generation of limelight, used in magic lanterns and theatre lighting. A major new market emerged around 1903, with the development of the oxyacetylene welding process. Around the same time, new cryogenic air separation processes had been devised independently in Britain, the United States and Germany. The German engineer and founder of the Linde Group, Carl von Linde, won the patent for the process. The Brin brothers negotiated an agreement to ...
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Texaco
Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independent business, independent company until its refining operations merged into Chevron in 2001, at which time most of its station franchises were divested to Shell plc through Shell USA, its American division. It was one of the first gas stations to exist. Texaco began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, and Arnold Schlaet upon the discovery of oil at Spindletop. The Texas Fuel Company was not set up to drill wells or to produce crude oil. To accomplish this, Cullinan organized the Producers Oil Company in 1902, as a group of investors affiliated with The Texas Fuel Company. Men such as John W. ("Bet A Million") Gates invested in "certificates of interest" to an amount of ...
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Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers i ...
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Delta Air Lines
Delta Air Lines, Inc. is a Major airlines of the United States, major airline in the United States headquartered in Atlanta, Georgia (U.S. state), Georgia, operating nine hubs, with Hartsfield–Jackson Atlanta International Airport being its largest in terms of total passengers and number of departures. With its regional subsidiaries and contractors operating under the brand name Delta Connection, Delta has over 5,400 flights daily and serve 325 destinations in 52 countries on six continents. Delta is a founding member of the SkyTeam airline alliance which helps to extend its global network. It is the oldest operating U.S. airline and the List of airlines by foundation date, seventh-oldest operating worldwide. Delta ranks first in revenue and brand value among the world's largest airlines, and second by number of passengers carried, passenger miles flown, and fleet size. Listed 70th on the Fortune 500, ''Fortune'' 500 list, Delta has topped ''The Wall Street Journal's'' annua ...
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Citibank
Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. The bank has branch (banking), branches in 19 countries. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. As of 2023, Citibank is the third-largest bank in the United States in terms of assets. History Founding 19th century The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became President of the bank, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Microwave
Microwave is a form of electromagnetic radiation with wavelengths shorter than other radio waves but longer than infrared waves. Its wavelength ranges from about one meter to one millimeter, corresponding to frequency, frequencies between 300 MHz and 300 GHz, broadly construed. A more common definition in radio-frequency engineering is the range between 1 and 100 GHz (wavelengths between 30 cm and 3 mm), or between 1 and 3000 GHz (30 cm and 0.1 mm). In all cases, microwaves include the entire super high frequency, super high frequency (SHF) band (3 to 30 GHz, or 10 to 1 cm) at minimum. The boundaries between far infrared, terahertz radiation, microwaves, and ultra-high-frequency (UHF) are fairly arbitrary and differ between different fields of study. The prefix ' in ''microwave'' indicates that microwaves are small (having shorter wavelengths), compared to the radio waves used in prior radio technology. Frequencies in the micr ...
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