Amstrad is a British electronics company, founded in 1968 by Baron Sugar of Clapton. The name is a contraction of Alan Michael Sugar Trading. It was first listed on the London Stock Exchange in 1980. During the late 1980s, Amstrad had a substantial share of the PC market in the UK. As of 2006, Amstrad's main business is manufacturing Sky Digital interactive boxes. Amstrad was once a FTSE 100 Index constituent but is now wholly owned by BSkyB.
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Amstrad is a British electronics company, founded in 1968 by Baron Sugar of Clapton. The name is a contraction of Alan Michael Sugar Trading. It was first listed on the London Stock Exchange in 1980. During the late 1980s, Amstrad had a substantial share of the PC market in the UK. As of 2006, Amstrad's main business is manufacturing Sky Digital interactive boxes. Amstrad was once a FTSE 100 Index constituent but is now wholly owned by BSkyB.
The company is based in Brentwood, Essex, though it was announced in 2008 the headquarters was to move to nearby Loughton.
Amstrad was founded in 1968 by Alan Sugar. Amstrad entered the market in the field of consumer electronics. During the 1970s they were at the forefront of low-priced hi-fi, TV and car stereo cassette technologies. Lower prices were achieved by injection moulding plastic hi-fi turntable covers, undercutting competitors who used the vacuum forming process. Amstrad expanded to the production of audio amplifiers and tuners.
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