Difference between revisions of "GPT"
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1989 GEC and Siemens acquired the [[Plessey Co]] through the joint company [[ GEC Siemens]] plc. While most of Plessey was divided between the companies GPT remained a joint venture, with a 60/40 shareholding between GEC and Siemens respectively. GEC Plessey Telecommunications officially renamed itself GPT (no longer standing for anything) because Plessey no longer existed (except Plessey Semiconductors retained its name). | 1989 GEC and Siemens acquired the [[Plessey Co]] through the joint company [[ GEC Siemens]] plc. While most of Plessey was divided between the companies GPT remained a joint venture, with a 60/40 shareholding between GEC and Siemens respectively. GEC Plessey Telecommunications officially renamed itself GPT (no longer standing for anything) because Plessey no longer existed (except Plessey Semiconductors retained its name). | ||
August 1998 GEC acquired [[Siemens AG|Siemens']] 40% stake in GPT and merged with the telecoms units of its Italian subsidiary Marconi SpA, GEC Hong Kong and ATC South Africa to form Marconi Communications. | August 1998 GEC acquired [[Siemens AG|Siemens']] 40% stake in GPT and merged with the telecoms units of its Italian subsidiary Marconi SpA, GEC Hong Kong and ATC South Africa to form [[Marconi Co|Marconi Communications]]. | ||
1997 in the UK, the name GPT disappeared and the company was called SGCS (Siemens GEC Communication Systems). | 1997 in the UK, the name GPT disappeared and the company was called SGCS (Siemens GEC Communication Systems). |
Revision as of 08:46, 23 November 2018
GEC Plessey Telecommunications (GPT) of Edge Lane, Liverpool
1986 The General Electric Company (GEC) attempted a takeover of Plessey in 1986 but was barred by regulatory authorities.
1st April 1988 GEC and Plessey Co merged their telecommunications businesses as GEC Plessey Telecommunications, commonly known as GPT. GPT was a world leader in many fields, for example Synchronous Digital Hierarchy (SDH) technology, and this brought the two companies responsible for developing and building the System X telephone exchange together, which was supposed to make selling System X simpler.
1989 GEC and Siemens acquired the Plessey Co through the joint company GEC Siemens plc. While most of Plessey was divided between the companies GPT remained a joint venture, with a 60/40 shareholding between GEC and Siemens respectively. GEC Plessey Telecommunications officially renamed itself GPT (no longer standing for anything) because Plessey no longer existed (except Plessey Semiconductors retained its name).
August 1998 GEC acquired Siemens' 40% stake in GPT and merged with the telecoms units of its Italian subsidiary Marconi SpA, GEC Hong Kong and ATC South Africa to form Marconi Communications.
1997 in the UK, the name GPT disappeared and the company was called SGCS (Siemens GEC Communication Systems).