Feeds

Alan Sugar leaves Amstrad

You're retired?

New hybrid storage solutions

Sir Alan Sugar is leaving Amstrad a year after he sold the set-top box maker business to BSkyB.

The man who introduced the world - or at least the UK - to the joys of the twin VCR, the hi-fi separates system that is actually one big card-boardy box, and of course the PCW has relinquished the chairmanship of the company, which bears his initials.

Sugar sold the firm, which essentially concentrates on set-top boxes, to BSkyB last year for £125m. As was noted at the time, Sugar and Sky boss Rupert Murdoch go way back, to when Sugar headed up Tottenham Hotspur and Murdoch was battling to get the rights to show top-flight matches on Sky.

Luckily Sugar isn't actually retiring, and the UK business world won’t be completely bereft of the 61-year-old's talents. Amstrad is just one of the companies carrying Siralun’s name (AMS = Alan Michael Sugar TRADing. Geddit?). He’ll still be running his Amsprop, Amsair and Viglen computer businesses. Sugar’s real money is apparently in property these days, though Viglen surely qualifies as one of the oldest players in the UK PC market now.

And of course, he’ll continue to perform a vital service to UK industry and commerce by being the boss on The Apprentice, thus ensuring a constant stream of idiots, charlatans, liars, megalomaniacs and big mouths are safely diverted away from actual careers in business, and into the sort of Z-list celebrity roles they’re actually suited for. ®

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.