Demise
In July 1977 the NEB increased its stake in Radionics to 73%. By June 1978 Sinclair Radionics was working on the NewBrain microcomputer project, which was later taken over by Newbury Laboratories.
In May 1979 the NEB announced that it intended to sell Radionics' calculator and TV interests; they were bought by the ESL Bristol group (as Radionic Products Ltd.) and Binatone respectively. In July Clive Sinclair resigned with a £10,000 golden handshake. In September the NEB renamed what was left of Radionics (i.e. the scientific instrument business) as Sinclair Electronics Ltd.; in January 1980 this was changed to Thandar Electronics Ltd. As of 2008 this business continues, now called Thurlby Thandar Instruments.
Read more about this topic: Sinclair Radionics