Feeds

Alan Sugar leaves Amstrad

You're retired?

Secure remote control for conventional and virtual desktops

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. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
UK.gov pushes for SWIFT ACTION against nuisance calls, threatens £500k fines
DCMS seeks lowering of legal threshold to fight rogue firms
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.