[Merged] BSkyB buys Amstrad
31-07-2007, 09:25
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#1
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Google it!!
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BSkyB buys out Amstrad
BBC
Quote:
Broadcaster BSkyB has struck a deal to buy television set-top box maker Amstrad for about £125m.
Amstrad, which was founded by the star of BBC One's The Apprentice, Sir Alan Sugar, supplies about 30% of the set-top box devices for Sky.
Orders from the broadcaster made up about 75% of Amstrad's sales in the year to the end of June.
Sky said that the deal meant they could now design their products in-house and be more innovative.
'Entrepreneurial spirit'
Sir Alan, who is Amstrad's chairman and chief executive and owns 28% of the firm, said the two companies had worked together for a long time.
"I cannot imagine a better home for the Amstrad business and its talented people," he said.
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Could be interesting to see what happens with the Sky box now.
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31-07-2007, 12:24
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#2
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The Terminator
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[Merged] BSkyB buys Amstrad
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31-07-2007, 13:10
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#3
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Google it!!
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Re: [Merged] BSkyB buys Amstrad
I can't see the other suppliers being happy since why look to them for significant stock levels if you have your own in house supply?
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31-07-2007, 22:49
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#4
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cf.mega poster
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Re: [Merged] BSkyB buys Amstrad
Amstrad have been supplying Sky with around 30% of their STB needs over the past year. Amstrad don't actually manufacture the boxes. They only design and develop them and then contract out the manufacture.
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02-08-2007, 04:07
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#5
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Re: [Merged] BSkyB buys Amstrad
worries me since pace and thompson sky+ boxes are both superior to the amstrad ones.
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02-08-2007, 11:47
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#6
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cf.mega poster
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Re: [Merged] BSkyB buys Amstrad
Quote:
Originally Posted by Chrysalis
worries me since pace and thompson sky+ boxes are both superior to the amstrad ones.
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Is that from experience or conjecture?
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02-08-2007, 23:07
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#7
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Re: [Merged] BSkyB buys Amstrad
experience and research. Thats one great thing about the internet people can let each other know their experiences easily.
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