Difference between revisions of "GPT"
(New page: The General Electric Company (GEC) attempted a takeover of Plessey in 1986 but was barred by regulatory authorities. * On 1st April 1988 GEC and Plessey merged their telecommunications b...) |
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The General Electric Company (GEC) attempted a takeover of Plessey in 1986 but was barred by regulatory authorities. | The General Electric Company (GEC) attempted a takeover of Plessey in 1986 but was barred by regulatory authorities. | ||
* On 1st April 1988 GEC and Plessey 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. | * On 1st April 1988 [[GEC]] and [[Plessey]] 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. | ||
* In 1989 GEC and Siemens acquired the Plessey Company 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). | * In 1989 GEC and Siemens acquired the Plessey Company 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). |
Revision as of 18:18, 5 November 2007
The General Electric Company (GEC) attempted a takeover of Plessey in 1986 but was barred by regulatory authorities.
- On 1st April 1988 GEC and Plessey 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.
- In 1989 GEC and Siemens acquired the Plessey Company 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).
- In 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.
- In 1997 in the UK, the name GPT disappeared and the company was called SGCS (Siemens GEC Communication Systems).
Sources of Information
- [1] Wikipedia