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The Gores Group
The Gores Group, LLC 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 Beverly Hills, 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 3,00 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Hovis
Hovis Ltd is a British company that produces flour, yeast and bread. Founded in Stoke-on-Trent, it began mass-production in Macclesfield in 1886. Hovis 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. In April 2014 it became a limited company 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 the brand, milling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Unify (company)
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 Ernst Werner von Siemens, 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 ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Harris Corporation
Harris Corporation was an American technology company, defense contractor, and information technology service (economics), services provider that produced wireless equipment, tactical radios, electronic systems, night vision device, night vision equipment and both terrestrial and spaceborne antenna (radio), antennas for use in the government, defense, emergency service, 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, ''Wired'' Magazine ranked ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Mexx
Mexx is a fashion brand of HVEG Fashion Group that was created in the Netherlands by Rattan Chadha in 1986 by merging his brands Moustache (for men) and Emmanuelle (for women). The brand's name is a combination of two of Chadha's previous business ventures, a men's line "Moustache" and a women's line "Emanuelle" It takes the first letter of both brands and adds 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's, men's 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 bought by the American Liz Claiborne (LCI), which sold it in the autumn of 2011 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the years, the company had multiple divisions, including GE Aerospace, aerospace, GE Power, energy, GE HealthCare, healthcare, lighting, locomotives, appliances, and GE Capital, finance. In 2020, GE ranked among the Fortune 500, ''Fortune'' 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000, ''Forbes'' Global 2000. 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. From 1986 until 2013, GE was the owner of the NBC television network through its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Mitsubishi Electric
is a Japanese Multinational corporation, multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. The company was established in 1921 as a spin-off from the electrical machinery manufacturing division of Mitsubishi Shipbuilding (Mitsubishi Heavy Industries) at the Kobe Shipyard. A member of the Mitsubishi, Mitsubishi Group, Mitsubishi Electric produces elevators and escalators, high-end home appliances, air conditioning, Factory automation, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites. History Mitsubishi Electric 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 Prefecture, Nagasaki. It has since diversified to become the major electronics company. Mitsubishi Electric held the record for the fastest e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Siemens AG
Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
