Guglielmo Marconi Group was acquired by MacKay Marine but many of the employees left the group at transition. "vs Tesla" Guglielmo Marconi Guglielmo Marconi, 1st Marquis of Marconi (; ; 25 April 187420 July 1937) was an Italian inventor and electrical engineer, known for his pioneering work on long-distance radio transmission, development of Marconi's law, and a radio telegraph system. He is credited as the inventor of radio, and he shared the 1909 Nobel Prize in Physics with Karl Ferdinand Braun "in recognition of their contributions to the development of wireless telegraphy". Marconi was also an entrepreneur, businessman, and founder of The
Marconi Wireless Telegraph Company of America of United Wireless' tangible assets, which in turn on March 29, 1912 were sold by the parent company to American Marconi. It would later be alleged that this had unfairly benefited some British investors, in what came to be known as the Marconi scandal. The acquisition would prove to be a tremendous boost to American Marconi's fortunes, and the company boasted that "There is now nothing in the way of Marconi becoming the only system of commercial importance in the world." Recently passed laws required U.S. passenger ships to carry radio equipment, and American Marconi's near monopoly allowed it to