Is Amstrad still in business?
In 2024 Sugar announced he had bought back the rights to the Amstrad name from Sky UK. Amstrad now belongs to a digital marketing firm named Amstrad Digital headed by Sugar’s grandson Joe Baron. Now more widely known in the UK for his role in the TV programme ‘The Apprentice’, Lord Sugar founded the home electronics group Amstrad in in 1968. In 1985 he launched the PCW8256 which, although made of very cheap components, retailed at over £300.Vote: hired or fired? Satellite giant BSkyB is set to buy Sir Alan Sugar’s electronics group Amstrad in a £125m takeover that will see the star of The Apprentice collect £34.Selling Amstrad to BSkyB – In 2007, Lord Sugar sold Amstrad to British satellite broadcaster BSkyB for £125 million. The sale marked the end of an era for Amstrad, which had been in business for nearly 40 years.Founded by Alan Sugar in 1968 Amstrad (a contraction of Alan Michael Sugar Trading) is based in Brentwood, Essex. During the 1970s they were at the forefront of low-priced hi-fi, TV and car stereo cassette technologies, expanding into producing audio amplifiers and tuners.Revival of Amstrad name In 2024 Sugar announced he had bought back the rights to the Amstrad name from Sky UK. Amstrad now belongs to a digital marketing firm named Amstrad Digital headed by Sugar’s grandson Joe Baron.
Who is the CEO of Amstrad?
Nipun Singhal, MD & CEO of Amstrad – India receiving award “India’s Most Inspirational Business Leader. From His Excellency Zainal Azlan, Consulate General of Malaysia, Mumbai & Mr. Nipun Singhal, MD & CEO, OVOT Private Limited (Amstrad) on India Today TV.Amstrad Consumer India Private Limited is a dynamic and innovative consumer electronics company, dedicated to providing high-quality and cutting-edge technology solutions to customers in India.
Is Amstrad still going?
Lord Sugar is bringing back his famous brand Amstrad with a new digital marketing company led by his grandson. The business mogul, who stars in BBC One’s The Apprentice, bought back the rights to the household brand name for new agency Amstrad Digital. Lord Sugar has signed a new three-year deal with the BBC to stay on The Apprentice. The billionaire was already contracted to do the 20th series of the show next year, but says he has signed to do three more series, taking him into his 80s. Lord Sugar, 77, revealed the deal in a new interview with the BBC’s Amol Rajan.