Betacom

Founded in 1966, Betacom is an electronics company specialising in audio and visual products. In 1992 Sir Alan Sugar's Amstrad purchased a 29.9% stake in the company from Canon Street Investments PLC. A rights issue and subscription increased Amstrad's shareholding in Betacom to 71.3%. Betacom, a UK based domestic telephone supplier provided Amstrad with a foothold in the developing telecommunications market .