Difference between revisions of "Cambridge Electronic Industries"
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1980 [[Philips]] put together the peripheral high technology businesses, "the bits that Philips did not want", into a separate company, '''Cambridge Electronic Industries'''<ref>The Times May 28, 1981</ref> | 1980 [[Philips]] put together the peripheral high technology businesses, "the bits that Philips did not want", into a separate company, '''Cambridge Electronic Industries'''<ref>The Times May 28, 1981</ref> | ||
1981 Incorporated as a Public company; 60 percent of the shares were to be sold by Philips; the group consisted to 20 distinct companies, largely from Pye, involved in passive components and sub-systems for a range of customers<ref>The Times, Jun 20, 1981</ref> | 1981 Incorporated as a Public company; 60 percent of the shares were to be sold by Philips; the group consisted to 20 distinct companies, largely from [[Pye]], involved in passive components and sub-systems for a range of customers<ref>The Times, Jun 20, 1981</ref> | ||
1984 Drop in profits from the company's defence-related work<ref>The Times, Aug 23, 1984</ref> | 1984 Drop in profits from the company's defence-related work<ref>The Times, Aug 23, 1984</ref> | ||
Revision as of 13:44, 26 September 2020
Cambridge Electronic Industries plc, of Cambridge, maker of electronic components (NB other companies, not plc, had similar names)
1979 Acquired Ajax Machine Tool Co
1980 Philips put together the peripheral high technology businesses, "the bits that Philips did not want", into a separate company, Cambridge Electronic Industries[1]
1981 Incorporated as a Public company; 60 percent of the shares were to be sold by Philips; the group consisted to 20 distinct companies, largely from Pye, involved in passive components and sub-systems for a range of customers[2]
1984 Drop in profits from the company's defence-related work[3]
1988 Acquired 2 of North American Philips' subsidiaries: MEPCO and Dialight; also intended to acquire 2 European component makers; Harry Tee was MD of the electronic components division[4]
1989 Sold Labgear Cablevision; also wanted to sell Belling Lee Intec and Ajax Machine Tools[5]
1989 Owned PED Ltd of Newmarket, makers of relays, solenoids and switches[6]
1990 Sold the electronics division, including Belling Lee Ltd, Cambridge Capacitors Ltd, CRL Components Holdings Inc., CRL Components Inc., Dialight Corporation Ltd and PED Ltd[7]
1991 Acquired Tace and Goring Kerr[8]
1992 Name changed to Graseby[9]. Expertise in emission monitoring was being applied to detection of Semtex explosive