Marconi PLC

Marconi Communications, the former telecommunications arm of the General Electric Company plc (GEC); was founded in August 1998 through the amalgamation of GEC Plessey Telecommunications ( GPT) with other GEC subsidiaries namely - Marconi SpA, GEC Hong Kong and ATC South Africa. Later in December 1999, it became the principal subsidiary of Marconi plc - which was formed by the renaming of the entity left out of GEC; when GECs defence arm, Marconi Electronic Systems (MES) was merged with British Aerospace to form BAE Systems.[1][2] Marconi plc was restructured to Marconi Corporation plc in May 2003. During the mid-1990s, its prominent predecessor company - GPT gradually disappeared. Through a series of mergers, divisions and restructuring in 1997/1998; GPT was amalgamated in two major companies: one being - Marconi Communications, and other Siemens Communications (later in 2008, Siemens Enterprise Communications). 23/1/2006, Ericsson acquired a majority of Marconi Communicat...