Mitel buys Plessey

GEC, which intends to focus on its defence electronics industry, last week sold its silicon chip manufacturing arm GEC Plessey Semiconductors to Canadian electronics giant Mitel for £137m. GPS employs 2,000 staff in the UK.

GEC, which intends to focus on its defence electronics industry, last week sold its silicon chip manufacturing arm GEC Plessey Semiconductors to Canadian electronics giant Mitel for £137m. GPS employs 2,000 staff in the UK.