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Ericsson is planning to shed more than 300 jobs at former Marconi sites throughout the country, including a number of administration, IT and personnel jobs in Coventry. 15-May-2006 Marconi is to sell its telecoms equipment and international services operations to Ericsson for about £1.2bn, and the remaining Marconi business, with 2,00 staff, will be renamed Telent. 26-Oct-2005 Marconi is setting up a £2m telecoms equipment distribution centre at Chase Point 1 on the outskirts of Coventry. 31-Aug-2005 Marconi is said to be planning to relocate 355 of the 655 workers from its telecoms equipment factory in Liverpool to its Chorley site. 02-Jun-2005 Marconi is to shed about 300 of the 700 jobs at its telecoms equipment factory in Liverpool, and up to a third of its total 4,500 UK staff are said to be facing redundancy. 02-May-2005 Marconi is to set up a 310,000 sq ft headquarters at New Century Park in Coventry. 13-Dec-2004 Marconi is to sell Outside Plant & Power, its US plant and power systems business, to Emerson Electric for £221m. 08-Jul-2004 Marconi has raised £40m from the sale of a 32% stake in broadband internet provider Easynet. 07-Jul-2003 Marconi is to outsource its internal IT systems to Computer Sciences Corporation in a £450m 10-year deal, which will involve the transfer of more than 360 staff. 28-May-2003 Marconi is to shed 37 of the 374 jobs at its research and development site in Beeston, and plans to set up a new £40m centre in Nottingham have been dropped. 13-May-2003 Marconi is to sell its private mobile networks unit to Finmeccanica of Italy for £2m and its Marconi Online vending machines joint venture to Coca Cola Amatil of New Zealand for £1m. 06-Mar-2003 Marconi is seeking a further £30m of cost savings in its telecoms equipment business, and its Cambridge research and development site will close with the loss of 80 jobs. 18-Dec-2002 Marconi has announced plans to shed a further 1,000 jobs in its UK telecoms equipment business, which is expected to hit sites in Liverpool, Coventry and London. 09-Aug-2002 Marconi has agreed to sell its Italian defence communications business to Finmeccanica for £390m. 02-Aug-2002 Marconi has sold its Applied Technologies electronics business to venture capital firm 3i for £57m. 15-Jul-2002 Marconi is planning to float a majority stake in Strategic Communications, its Italian defence electronics business valued at more than £200m. 17-May-2002 Marconi is planning to close a number of unidentified telecoms equipment factories with the loss of 4,000 jobs, including 1,000 in the UK. 16-Jan-2002 Marconi has sold its Data Systems ink-jet printing business to Danaher Corporation of the US for £277m. 11-Jan-2002 Marconi has raised £10m from the sale of a property portfolio to Ashtenne, including offices in Harlow, Wellingborough and Liverpool. 09-Jan-2002 Marconi has sold its Gilbarco petrol pump business to Danaher of the US for £225m, and is now planning to sell its 50% stake in the Hotpoint domestic appliances business to Merloni of Italy for £130m. 21-Dec-2001 Marconi has sold its optical components business to Bookham Technology in a £20m deal that will give Marconi a 9% stake in Bookham. 18-Dec-2001 Marconi is to invest £15m in the production of 28,000 internet-enabled payphone terminals, which will be installed and managed by British Telecom at sites around the country. 13-Dec-2001 Marconi has raised £20m from the sale of its 21% stake in Siemens Telecommunications, and a further £25m will come from the sale of 6m shares in Lottomatica of Italy. 28-Nov-2001 Marconi is considering plans to sell off property worth up to £100m in order reduce debt, and has also announced the £43m sale of a stake in Lagardere of France. 27-Sep-2001 Marconi has announced plans for a further 2,000 job cuts, including 600 in the UK, and will make disposals of up to £500m to focus on its core network communications business. 05-Sep-2001 Marconi is planning to shed a further 4,000 jobs from its worldwide workforce, including 570 at a plant in Poole, and has also announced the sale of its medical systems division to Philips for £780m. 05-Jul-2001 Marconi is to merge its Ipsaris telecoms network with Easynet Group in a £330m reverse takeover that will provide Easynet with access to a national broadband network. 28-Jun-2001 Oxford Glycosciences and Marconi are forming a £30m joint venture called Confirmant to develop a database of human proteins, and they will also offer IT outsourcing services to pharmaceutical and biotechnology companies. 18-Jun-2001 Marconi is considering plans to sell its Ipsaris fibre optic network, and has also outlined plans for the sale of its medical systems business and a £400m restructuring charge relating to 3,000 job losses and an overhaul of IT systems. 18-May-2001 Marconi has announced plans to set up a £5m photonics research centre at Warwick University, with the creation of up to 200 jobs. 11-May-2001 Marconi is said to be looking to sell its medical systems business, in order to focus on the three core divisions of networks, wireless and enterprise. 18-Apr-2001 Marconi is planning to shed 1,200 jobs in the UK, mostly at factories in Liverpool and Coventry, as part of a restructuring programme that will involve the loss of almost 6% of its worldwide workforce of 55,000. 09-Apr-2001 Marconi is to invest £40m in the acquisition of a minority stake in ArrayCom, the US developer of smart antenna technology for mobile phone networks. 12-Feb-2001 Marconi is said to be interested in selling its 50% stake in General Domestic Appliances, the white goods manufacturer with more than 5,000 employees, as part of a strategy to focus on telecoms equipment. 26-Jan-2001 Marconi is selling five European telecoms equipment factories, including sites in Coventry and Liverpool, to Jabil Circuit of the US for £260m. 15-Jan-2001 Marconi is planning to build a £35m research and development centre in Nottingham with the creation of 500 jobs, which would involve moving from its Beeston premises to the Nottingham Science Park. 12-Jan-2001 Marconi is to set up a £33m telecoms research centre at New Delhi in India in April, employing up to 200 engineers. 10-Jan-2001 Marconi is to sell Woods Air Movement to Compass Capital Partners for £53m, and has also announced the acquisition of the Telit Networks mobile radio business in Italy for £11m. 22-Dec-2000 Marconi is planning to recruit a further 200 engineers and factory staff at its Applied Technologies business in Chelmsford. 27-Nov-2000 Marconi is acquiring the transmission arm of Splice do Brasil, the Brazilian telecoms equipment company, for £44m. 10-Oct-2000 Marconi is in negotiations to sell five commodity component factories, including sites in Liverpool, Coventry, Italy, Germany and the US, in order to raise funds for the expansion of its optical networking business. 06-Oct-2000 Marconi has acquired Mariposa Technology, the US manufacturer of network management devices, for £190m. 22-Sep-2000 Marconi has won a £62m contract from Belgacom to set up a high-speed optical network across Belgium. 18-Sep-2000 Marconi is to acquire a 15% stake in Netdecisions, the e-commerce consultancy, for £60m. 07-Sep-2000 Marconi is planning to create about 160 jobs in Cambridgeshire, having opened a new communications research centre at the Cambridge Business Park. 05-Sep-2000 Marconi has acquired Albany Partnership, the developer of mobile telecoms networks, for £71m, which will give it access to more potential sites for mobile phone sites. 31-Jul-2000 Marconi has won a £2bn contract to supply optical electronic equipment for British Telecom's new European broadband network, which is expected to lead to new jobs at sites in Coventry, Liverpool and Italy. 25-Jul-2000 Marconi is planning to set up R&D centres at the universities of Warwick, Parma and Pittsburgh, in order to develop new communications technology and gain access to trained scientists. 12-Jun-2000 Marconi has acquired Systems Management Specialists, the US operator of five data centres, for £76m. 24-May-2000 Marconi has won a £430m contract to design and build a wireless communications network for Thrucomm of Florida. 17-May-2000 Marconi is set to announce plans for a new factory at Ansty near Coventry to produce internet switches and routers, which could create up to 2,000 jobs. 12-May-2000 Marconi is planning to expand its Fibreway fibre optic cable network from 1,300km to 3,000km over the next few years, and is also considering plans to sell off or float the business. 11-May-2000 Marconi is launching a new e-commerce business called Marconi Software Solutions, which will employ 400 staff and provide software and support to external companies and other Marconi operations. 10-May-2000 Marconi is to create 400 new jobs at sites in Nottingham, Coventry, Liverpool, London and Lincoln, due to rising demand for telecoms hardware and software. 04-May-2000 Marconi has acquired MSI, the London-based wireless network consultancy, for £391m, as part of a strategy to position itself against the big telecoms companies. 25-Apr-2000 Marconi is to invest £40m in a new communications technology centre at Cambridge University. 30-Mar-2000 Marconi has acquired Australian Communication Solutions, the supplier of network design services, for £28m. 15-Feb-2000 Marconi has sold its Network Components & Services business in Europe and China to Viasystems of the US for £70m, as part of a strategy to focus on telecoms and other high technology operations. 26-Jan-2000 Marconi Communications is creating about 100 new jobs in Nottingham, as part of an expansion at its Beeston-based research facility. 20-Dec-1999 Marconi has won a contract to provide BellSouth of the US with high-speed fibre optic technology, and this could generate $1bn of sales over the next three years. 17-Dec-1999 Marconi is to acquire a number of high-speed data transmission operations from Nokia for £46m, which will involve the transfer of 120 Nokia employees in Cambridge. 02-Nov-1999 GEC is to change its name to Marconi, and aims to focus on telecommunications and electronic systems. 11-Oct-1999
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