Word: plessey
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...addition, RCA has signed licensing agreements with nearly 20 Japanese and European companies, including Plessey in Britain and Matsushita in Japan. Of course, Magnavox, a subsidiary of North American Philips, has not been idle. Sony has a license to use Magnavox's videodisc technology, and the U.S. company also has a longstanding deal with MCA, the parent of Universal Pictures, to make its discs...
...British, whose Doppler system is built by Plessey Co., Ltd., insist that the U.S. scanning beam is clearly inferior. They also contend that computer simulations done for the FAA at M.I.T.'s Lincoln Laboratory were biased in favor of the American MLS. Some U.S. experts, including a former FAA administrator, John H. Shaffer, agree. But after technical presentations and demonstrations of both devices in Montreal, the ICAO experts voted 39 to 24 in favor of the American system. The U.S. scanning beam has won a crucial round in the quest for a prize that eventually may be worth...
...year tax holiday on export profits and non-repayable cash grants of up to half the cost of plant and equipment, some 500 new factories have gone up in Ireland. About 350 are foreign-owned, and the roster includes IBM, General Electric and Olin from the U.S., Plessey from Britain, Switzerland's Oerlikon, South Africa's De Beers, The Netherlands' Verolme United Shipyards and Germany's Liebherr. The Irish Industrial Development Authority, under Michael Killeen, 43, a former head of the Irish Export Board, will spend about $70 million this year to help attract and finance...
...Plessey's Clark could conceivably block the get-together by sweetening his offer to English Electric shareholders. But until terms of the agreement with British G.E. are made public, he will have obviously no idea about how much to raise the ante. An alternative for Clark would be to merge Plessey with another firm, one possibility being Hawker Siddeley Group Ltd., an aircraft and diesel-engine manufacturer. And he can always hope for a miracle, like the government's withdrawing its approval of the proposed merger. In the U.S., the Justice Department would cast the dourest...
Weinstock was a more than welcome suitor. Although English Electric has long been considered ripe for a merger, its chairman, Lord Nelson of Stafford, wanted no part of the $624 million takeover bid by Plessey Co. He argued that merging with Plessey would bring few improvements in efficiency because the two firms concentrated on different lines -Plessey on telecommunications and aerospace products, English Electric on appliances and heavy industrial equipment. British G.E., on the other hand, seemed like a compatible partner, especially since it had already been cooperating with English Electric in the manufacture of stoves at home...