Difference between revisions of "Leo Computers"
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They built a new computer, the [[LEO II]] (the original LEO was retrospectively named 'LEO I'), of which 11 were sold, starting in 1957. They then moved on in 1962 to the [[LEO III]], of which they sold 94. | They built a new computer, the [[LEO II]] (the original LEO was retrospectively named 'LEO I'), of which 11 were sold, starting in 1957. They then moved on in 1962 to the [[LEO III]], of which they sold 94. | ||
| − | In 1963, Lyons decided that Leo Computers, although successful, was ancillary to their main business focus, and would require the investment of a great deal of capital, so they decided to divest it. They merged Leo Computers with English Electric's computer business, forming | + | In 1963, Lyons decided that Leo Computers, although successful, was ancillary to their main business focus, and would require the investment of a great deal of capital (for which they had other priorities), so they decided to divest it. They merged Leo Computers with [[English Electric Computers|English Electric]]'s computer business, forming English Electric Leo Computers (which Lyons exited in 1964). |
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Latest revision as of 19:07, 18 March 2024
Leo Computers was a British computer company, set up in 1954 as a subsidiary of Lyons, makers of the ground-breaking LEO computer, to sell more of them.
They built a new computer, the LEO II (the original LEO was retrospectively named 'LEO I'), of which 11 were sold, starting in 1957. They then moved on in 1962 to the LEO III, of which they sold 94.
In 1963, Lyons decided that Leo Computers, although successful, was ancillary to their main business focus, and would require the investment of a great deal of capital (for which they had other priorities), so they decided to divest it. They merged Leo Computers with English Electric's computer business, forming English Electric Leo Computers (which Lyons exited in 1964).
Further reading
- Peter John Bird, LEO: The First Business Computer, Hasler Publishing, Wokingham, 1994
- David Caminer, Frank Land, John Aris, Peter Hermon, LEO: The Incredible Story of the World's First Business Computer, McGraw-Hill, New York, 1997
- Georgina Ferry, A Computer Called LEO: Lyons Tea Shops and the World's First Office Computer, Fourth Estate, London, 2003
