General Electric Company · UK
The General Electric Company, 1 abbreviated GEC, was a British
industrial conglomerate involved in consumer and defence electronics,
(tele)communications and engineering, established in 1886. At one point it
was Britains largest employer with more than 250,000 people on its payroll
in the 1980s, and an annual profit of more than 1 Billion GBP in the 1990s .
The company has its roots in The General Electric Apparatus Company that
had been founded in the 1880s , and steadily grew during the next 100
years, by expanding its businesses and by a plethora of acquisitions.
From the late 1990s onwards, the company was gradually dismantled.
The defence arm – Marconic Electronics Systems – was sold to British
Aerospace (BAe) and became known as BAE Systems, whilst the rest continued
as Marconi Communications.
Following the acquisition of several US telecom manufacturers and the
losses from the bursting dot-com bubble in 2001, Marconi plc was
restructured and became Marconi Corporation plc. In 2005, Ericsson acquired
the bulk of the company, whilst the remainder was renamed Telent .
GEC products on this website
The General Electric Co.
67 Queen Victoria Street
EC London (UK)
The General Electric Co.
Kingsway, London WC2 (UK)
198xEstablished as General Electric Apparatus Co.
1886Name changed to General Electric Company
1887First catalogue published
1888Manchester Works factory opened in Salford (UK)
1888Manufacturing of telephones, bells and switches
1889General Electric Co. Ltd. (GEC) established as plc
1892GEC established Robertson Electric Lamps
1895Works at Chapel Street (Manchester, UK)
1896Established works in Birmingham
1900Company Incorporated (Inc.)
1906Hugo Hirst managing director
1914Pirelli-General formed (50% partnership with Pirelli)
1917Osram-Robertson Lamp Works acquired
1919Industrial research laboratires established at Wembley
1919Marconi-Osram Valve Co. formet (in partnership with Marconi)
1921Head office moved to Kingsway (London, UK)
1921Oriental Tube Co. acquired
1922British Broadcasting Corporation (BBC) formed (with 5 others)
1923Signalling department merged with Siemens Brothers
1936First demonstration of a television receiver
WWIIDevelopment of cavity magnetron for radar
1946Glass Bulbs Ltd. formed together with BTH
1953Manufacturing of TV sets
1954Start of 1301 computer development (with BTM)
1955Research in nuclear power
1956Shares in M-O Valve company purchased from EMI
1961Acquisition of Radio and Allied Industries (RAI)
1961GEC Telecommunication and GEC Electronics split as subsidaries
1962Pirelli-General shares sold to Pirelli
1962Associated Semicondusctor Manufacturers formed (with Mullard)
1963Arnold Weinstock managing director
1967Acquisition of Associated Electrical Industries (AEI)
1968GEC merged with English Electric Company
1968Major reorganisations (that lasted 5 years)
1968GEC-Marconi Electronics Ltd. formed
1968GEC-Elliot Automation Ltd. formed
196912,000 employees made redundant
1969Marconi-Elliot Computer Systems formed
1974Yarrow Shipbuilders acquired
1979Acquisition of A.B. Dick Company of Chicago (USA)
1979Acquisition of W. and T. Avery
1981Acquisition of several American companies
1985Hostile takeover bid for Plessey (anulled by MMC)
1987Acquisition of Lear Astronics (USA)
198850/50 joint venture GEC-Plessey Telecommunications (GPT)
1988GEC Siemens plc formed (joint venture with Siemens AG)
1989Plessey acquired by GEC Siemens
198950/50 joint venture GEC Alsthom, with CGE (France)
1989New division: General Domestic Appliances
1990Acquisition of parts of Ferranti
1990GEC Plessey Semiconductors established
1995Acquisition of Vickers Shipbuilding and Engineering (VSEL)
1998Marconi Electronic Systems Ltd. formed
1998Acquisition of American defence contractor Tracor
1998Acquisition of remaining shares of GEC-Plessey Telecommunications (GPT)
1998GPT merged with Marconi Communications
1999Defence business demerged as Marconi Electronic Systems (MES)
1999MES merged with British Aerospace (BAe)
1999GEC renamed Marconi plc.
2001Losses from bursting dot-com bubble
2005Most of Marconi Corporation plc sold to Ericsson
2006Remainder of Marconi plc renamed Telent plc.
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© Crypto Museum. Created: Monday 09 August 2021. Last changed: Monday, 09 August 2021 - 10:09 CET.