CMC Electronics Inc. (CMC Électronique) is a Canadian electronics company.

History

The company was founded in 1903 as Marconi's Wireless Telegraph Company of Canada.^[1] In 1925 the company was renamed Canadian Marconi Company. In 1948 English Electric purchased the UK based Marconi Company and in 1953 acquired 50.6% of Canadian Marconi Company.^[1] English Electric logo English Electric was a 20th-century British industrial manufacturer, initially of electric motors, and expanding to include railway locomotives and aviation, before becoming part of GEC. // History 1917: Dick, Kerr & Co. ... The Marconi Company Ltd. ...

In 1968 English Electric was itself purchased by The General Electric Company plc (GEC), which took control of the 50.6% share of CMC. The General Electric Company plc (GEC) is a British company that was renamed Marconi plc on November 30, 1999 after its defence unit Marconi Electronic Systems was divested and sold to British Aerospace. ...

On November 30, 1999 British Aerospace completed its purchase of GEC's Marconi Electronic Systems to form BAE Systems. In December 1999 BAE Systems purchased GEC's 51.6% share of CMC in a separate transaction. In February 2000 the company changed its name to BAE Systems Canada (Systemes BAE Canada). In April 2001 ONCAP (an investment group comprising Onex Corporation and other investors) completed its purchase of BAE Systems Canada. This saw BAE Systems sell its then 54% majority share and ONCAP purchase the remaining 46% publicly held shares. In mid 2001 the company was renamed CMC Electronics. November 30 is the 334th day (335th on leap years) of the year in the Gregorian Calendar, with 31 days remaining. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... British Aerospace (BAe) was a UK aircraft manufacturer, now part of BAE Systems. ... Marconi Electronic Systems (MES), or GEC-Marconi as it was until 1998, was the defence arm of The General Electric Company (GEC). ... BAE Systems plc is the worlds fourth largest defence contractor[2] and a commercial aerospace manufacturer. ... Onex Corporation is a Toronto based investment firm. ...

References