::General Electric Company plc


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The General Electric Company or GEC was a major British-based industrial conglomerate, involved in consumer and defence electronics, communications and engineering. The company was once a constituent of the FT 30 and FTSE 100 Index.

In December 1999 GEC's defence arm, Marconi Electronic Systems, was amalgamated with British Aerospace to form BAE Systems. The remainder of GEC continued as Marconi plc.<ref name=GPT-H-04/> The financial troubles that followed the burst of the dot-com bubble in 2000/2001 led to the May 2003 restructuring of Marconi plc into Marconi Corporation plc.<ref name=GPT-H-01/>

In 2005, Ericsson bought the bulk of Marconi Corporation plc, along with its principal subsidiary, Marconi Communications. The remainder of the business was renamed Telent.

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