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Monthly Archives: December 1999

Vodafone launches Mannesmann takeover on eve of Christmas

Vodafone launches Mannesmann takeover on eve of ChristmasRichard WilsonUK mobile phone group Vodafone Airtouch has sparked off the world’s largest ever hostile takeover bid this Christmas Eve. As expected Vodafone has formally launched its offer document to shareholders in the German telecoms group Mannesmann. Also as expected the German company has advised shareholders to reject the offer which values Mannesmann ...

Via increases stake in S3 – joint venture team set

Via increases stake in S3 – joint venture team setSimon ParryVIA Technologies is to increase its equity position in S3 to 14.9 per cent by purchasing approximately 10.8 million shares at $13.50 per share and the companies have announced details of an executive management team to run the recently established S3-VIA joint venture.“The investment by VIA Technologies in S3 is ...

MBO at Carlton's Solid State business

MBO at Carlton’s Solid State businessRichard WilsonCarlton Communications has agreed to sell its Solid State Logic (SSL) manufacturing business to a 3i-backed management buyout. The group is paying £43.5m for SSL which designs and manufactures analogue and digital professional audio mixing consoles. “SSL will continue to concentrate on its core business of designing, manufacturing and supporting the world’s finest audio ...

HP appoints new UK managing director

HP appoints new UK managing directorRichard WilsonHewlett-Packard has appointed Phil Lawler as its new UK managing director. He succeeds 57 year old John Golding, who is retiring but will remain chairman until the end of March 2000.Fifty year old Lawler steps up from his existing post of director and general manager of HP’s enterprise computer business in the UK and ...

Wolfson looks east with sales drive and v-p appointment

Wolfson looks east with sales drive and v-p appointmentRichard WilsonWolfson Microelectronics has embarked upon a new business strategy to grow its semiconductor sales in the Asia Pacific and US markets. As part of that plan the Edinburgh mixed-signal chip designer has named Mike Clancy as v-p world wide sales.Financing for the new international sales programme has been secured with the ...