Sinclair QL failed in the market 1986 - Amstrad takes over

On April 2nd 1986 Sinclair Research Ltd. sold its computer business and the Sinclair brand name for computers to Amstrad Plc for merely 5 Mio. £. The deal was orchestrated by Michael Langdon and signed in the early hours of Wednesday April 2nd. The press conference was held on April 7th 1986.

The deal resulted in approx. 100 redundancies at Sinclair Research. Sinclair Research became research and consultancy, two separate subsidiaries to be formed, one with {Timex} holding 75 per cent for portable phone project, one with Barclays Bank funding for wafer-scale development.

Amstrad axed the QL and only continued the ZX Spectrum line until 1991.

This video shows original footage of the press conference where Amstrads Alan Sugar talks about the deal in a nutshell plus an exclusive interview of Sir Clive Sinclair.

You can download an extract of the Electronic Times weekly newspaper dated 1986-04-10 with the full NEWS article a BACKGROUND article and a related story. http://www.cowo.ch/downloads/19860410...

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