Psion

The Psion company with the headquarters in London is the famous producer of the protected pocket computers for application in the industry, trade and on transport. Psion is a pioneer of the market of electronic organizers, having provided the first such device in the eighties. Psion, being the owner of the Netbook trademark, in 2009 filed a lawsuit against Intel for copyright violation during creation of a new segment of the market of notebooks.

Originally Psion PLC thought the creator - David Potter - as developer company of the software. And it is valid, the first steps (since foundation year - 1980) Psion made in this direction - Sinclair ZX81 was engaged in development of computer games for once popular and in our country (better known under the name Spectrum), and it is quite successful. Having made the name in the computer world and having saved the original capital, the company began to enter other markets, then almost novel. Once tribute pays to Potter insight - he managed to see what then was obvious to not everyone, after all possibilities of electronic industry of that time and technology did not allow to speak about too strong miniaturization. However many producers of electronics, for example, of Sharp, already began release of programmable calculators and even some kind of microcomputers with the built-in interpreters of the BASIC. 

Performance Indicators

2011

Revenue in 2011 made about 176 million pounds ($273 million).

2007

turnover - £199.7 million (2007)
operating profit - £9.5 million (2007)
net profit - £7 million (2007)

Activity

• With 2002, in connection with rapid development of Palm and PocketPC, Psion began to lose the positions in the market of portable computers. Failure of Motorola company from the organization of coproduction of smartphones became the history Psion final as KPK producer.

• In 2000 Psion purchased the Canadian company "Teklogix", having formed the Psion Teklogix trademark which is the center of modern Psion PLC.

• In 2002 Psion separated from itself division of "Psion Software" which in 2003 was sold to the American company Visto.

• In 2004 the company announced sale of the share in Symbian of Nokia company, having abandoned thus the market of mobile devices and having left only Psion Teklogix.

• At the end of 2008 the Psion company began legal prosecution of Intel for use of the term "netbook" as complete description of "the ultracompact mobile device". In turn Psion registered netbook as a trademark in 2003. Psion demanded from Intel of payment of compensation for illegal use of a trademark. A compensation amount - 1.2 billion dollars. In so many Psion stated revenue received by Intel from sales of Atom chips. Also Psion demanded closing of the website www.netbook.com belonging to Intel. On it ultracheap notebooks which Intel calls netbooks, and the Atom processors intended for installation in such PCs are described.

• At the end of February, 2009 Dell and Intel demanded to cancel the netbook trademark. Representatives of these companies said that Psion does not turn out any products under this brand six years.

• Motorola Solutions announced in June, 2012 agreement signature about purchase of Psion by payment of 88 pence ($1.36) in cash for each action that it estimates the company at 129 million pounds sterling ($200 million). The offered amount for 45% exceeded Psion share value at the time of closing of the exchange on June 14 (60.5 pence).

Links

• Lenta.ru: Psion demanded from Intel one billion dollars for the word netbook