BSkyB buys Amstrad in €185m deal
Broadcaster BSkyB said today that it had agreed a £125m (€185m) deal to buy set-top box maker Amstrad.
Founded by Alan Sugar in 1968 as an electrical goods trader, the company has focused on supplying technology accessible to the mass market.
Listed on the London Stock Exchange in 1980, Amstrad launched the first mass market home computer package in the mid-1980s and was the founder supplier to Sky TV when the service launched in 1988.
More recently, Amstrad launched the E3 videophone, following on from the E-mailer, which allowed email, internet, pictures and video calls.
