Marconi Company Marconi Company The Marconi Company was a British telecommunications and engineering company that did business under that name from 1963 to 1987. It was derived from earlier variations in the name and incorporation, spanning a period from its inception in 1897 until 2006, during which time it underwent numerous changes, mergers and acquisitions. The company was founded by the Italian inventor Guglielmo Marconi and began as the Wireless Telegraph & Signal Company. The company was a pioneer of wireless long distance communication and mass media broadcasting, eventually becoming one of the UK's most successful manufacturing companies. In 1999, its defence
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