Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,138 pages of information and 233,396 images on early companies, their products and the people who designed and built them.
1978 Established by National Enterprise Board to market and support established office machinery products, and to coordinate and where necessary develop an integrated range of products for the electronic office
Received funding from the DTI
Subsequently criticised for building a large organisation ahead of sales and undertaking too much development.
1981 After failure of the 2200 word processor, the decision was taken to run down the company
1982 The word processor was sold to ICL
1986 DTI and NEB criticised in report looking into the collapse of the company