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The information below comes from the UK Activity Report.
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Racal Racal Electronics is in negotiations to sell its telecoms business to Energis for about £750m. 13-Sep-1999 Racal Electronics has delayed plans to float its telecoms business for at least a year, in order to give the new management team time to boost revenue growth. 03-Jun-1999 Racal Electronics, in partnership with Thomson-CSF, has won a £250m contract to supply the local area subsystem element of the British armed forces' new Bowman radio system. 06-Oct-1998 Racal Radio has agreed to form a joint venture with Thomson-CSF of France to build military communications networks, which will put the two companies in a good position to win the British Army's £300m Bowman Local Area System contract. 19-Sep-1998 Scottish Telecom is said to be interested in acquiring Racal Telecom from Racal Electronics for up to £800m, in order to expand its English telecoms business. 31-Aug-1998 Racal Electronics has finalised the sale of its troubled data communications business to Platinum Equity Holdings of California for an initial £7.5m. 08-Aug-1998 Racal Electronics has signed an agreement with Colt Telecom that will enable it to use Colt's central London network to provide the final link to its customers, thereby reducing its dependence on British Telecom. 07-Jul-1998 Racal Electronics is in the final stages of discussions to sell its US-based Data Communications division, and it will delay publishing its results so that the effect of the sale can be included in this year's figures. 30-May-1998 Racal Electronics has announced plans to cut 350 jobs from its US-based data communications division, with 50 of the jobs being lost in the UK. 15-Jan-1998 Vodafone is linking up with Racal Telecom to offer a package of mobile and managed fixed voice and data services to corporate clients. 16-Dec-1997 Racal Electronics is planning to float its telecoms subsidiary, which is likely to be valued at around £600m, having failed to agree terms for a trade sale. 12-Dec-1997 Racal Electronics is selling its Health & Safety face-masks business to 3M for £43m, as part of a strategy to focus on its core electronics and defence activities. 05-Dec-1997 Racal Electronics is setting up a joint venture with European Telecom to market Orchid, a vehicle tracking device that uses satellites and cellular systems. 21-Nov-1997 Racal Electronics is considering a number of options for its telecommunications and data management operation, including a management buy-in and the creation of an alliance with Scottish Telecom. 18-Nov-1997 Racal Electronics may float off its US data products business following a strategic review, but this will depend on the business returning to profit this year. 07-Aug-1997 Racal Electronics has announced plans to cut 1,000 jobs, and has appointed advisers to help decide the future of the data products business and the telecoms network services, prompting speculation that Racal may be broken up. 04-Jun-1997 Racal Network Services has pulled out of the bidding for the £1.5bn Public Safety Radio Communications Project, which is the next generation of police radio. 21-May-1997 Racal Electronics is planning to improve its position in the network services market by looking for equity partners, including overseas telecoms operators and UK cable companies. 01-Apr-1997 Racal Electronics has sold Racal-Decca Marine, the navigation systems business, to Litton Industries of the US for £29.5m. 13-Dec-1996 Racal Network Services is linking up with Integralis, the internet consultancy, to create an internet business service called Quza. 18-Jun-1996 Racal Electronics is planning a £20m restructure of its data products business and also wants to sell off non-core operations such as the energy and marine division. 06-Jun-1996 Weyrad Electronics has been bought from Racal Electronics by a management buy-in team for £3m. 22-Feb-1996 Racal Electronics has confirmed that it has bought British Rail Telecommunications for £132.8m. 06-Dec-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007