544:- a maker of large carrier-grade session border controllers. On 18 March 2009, Newport Networks, with its two remaining employees, de-listed from the AIM. This is despite having announced twelve months earlier that the company had signed a major OEM agreement which was expected to substantially increase its product sales. The company has subsequently been wound up and liquidated.
536:– Matthews and Roger Maggs co-founded Celtic House International Corporation (CHIC) in 1994. The objective was to invest in emerging high technology companies, primarily in the UK and Canada. In 2002, CHIC was re-structured to form Celtic House Venture Partners, a limited partnership owned and managed independent of Matthews.
333:
ectronics". This first endeavour was a fiasco; the shipping company carrying the first batch lost the container. When the lawnmowers finally arrived, the ground was covered with snow in the
Canadian winter and no one would buy them. Matthews later said "That taught me a key lesson – the importance of
649:
Matthews founded the Wesley Clover
Foundation, a not-for-profit, philanthropic corporation that supports entrepreneurship, healthcare, education, and community initiatives. The foundation leased the properties formerly known as the Nepean National Equestrian Park and the Ottawa Municipal Campground
359:
based on
Cowpland's PhD thesis. This was a major advance in the technology, since they were able to sell receivers at a fraction of the cost of competing versions, while gaining returns of 1000%. Additionally, Mitel later became a chip manufacturer with the acquisition of the Silek foundry in
456:– Matthews is the founder and chairman of the investment group. Headquartered in Ottawa, Ontario, Canada, Wesley Clover has offices in the United States, United Kingdom, India, China and Russia. Investments in Information and communication technologies, digital media, and real estate.
371:. The SX200 PBX launched to immense success, being cheaper to purchase, quicker to install and far more functional. Mitel became one of the more successful manufacturers of small PBX systems and telecom semiconductors in the world, floating on the
595:
Matthews bought Celtic Manor in 1980, ploughing £100m into the project. Firstly the 19th century Manor House was renovated, while in 1991 plans were unveiled to develop two new golf courses and a convention centre between the manor and the
308:
in 1972. To raise seed money for future enterprises they had planned, the pair intended to import and sell electric lawnmowers built in the UK. Conventionally, and from accounts by
Matthews, the name Mitel is thought to be a contraction of
625:"I think the resort can act as a magnet to draw new investment into Wales from across the UK and overseas. I did my best to put up a building that you can see from the West End of London and I didn't come far short of it!"
2308:
1021:
1051:
2353:
192:
1942:
1434:
402:
for $ 7.1 billion. Matthews' personal stake in
Newbridge was valued at over a billion dollars, and as a result of the transaction he became the largest single shareholder in Alcatel.
2298:
164:
53:
729:, for his exceptional achievements as a high-tech entrepreneur and investor, and for his contributions to community development through charitable endeavours. He was invested by the
434:
in April 2016, however, the deal fell through and
Polycom instead merged with private equity firm Siris Capital Group. In July 2017, Mitel announced they had reached a deal to buy
1202:
1348:
2303:
2288:
1112:
1628:
2109:
838:
2243:
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1029:
438:
for $ 430 million, increasing the size of the company to 4,200 employees. On 24 April 2018, the company announced it would be bought by an investor group led by
2263:
2238:
2218:
2213:
1836:
337:
Mitel became a technology consultancy company run from home to the various companies around Ottawa's emerging high-tech district. Mitel's clients included the
2135:
410:
In 2000, he reacquired the Mitel PBX business and company name, taking it private. He has invested heavily ($ 600 million by 2006) in Mitel to turn it into a
2203:
973:
2278:
641:
in
Newport, which has since undergone significant renovation, and has been incorporated into the Celtic Manor Resort Collection as the Coldra Court Hotel.
1373:
619:
Celtic Manor was Hotel of the Year in 2002, and won two
European Design Awards in 2001 - one for the interior designers, Goff Associates, and one for its
2318:
2228:
2223:
674:
352:
Obtaining funding from a $ 4,000 bank loan, as well as from their own savings and a group of angel investors (notably Kent
Plumley), the two developed a
160:
156:
49:
45:
1326:
390:
In 1986, Matthews drove
Newbridge to become a leader in the worldwide data networking industry, manufacturing data communications products, especially
2253:
334:
timing. The shipping company lost the lawnmowers! By the time they showed up no-one wanted them, as you can't cut grass when it's covered with snow."
2313:
1297:
398:. In 2000 the company employed more than 6,500 employees with recorded FY 1999 revenue of $ 1.8 billion. Later in 2000, Newbridge was acquired by
345:, and a handful of pioneering start-ups including SHL Systemhouse, which was later purchased by EDS and now is part of HP and Quasar Systems (now
2358:
1862:
1400:
2293:
1950:
1272:
248:, at the then Lydia Beynon Maternity Hospital. Matthews returned as an adult to include the manor house that housed the hospital within the
1989:
1574:
2323:
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2198:
1206:
338:
187:
2328:
2283:
1531:
1785:
1228:
616:, which crosses the land. In 1994 the 4,000-yard 'Coldra Woods' golf course was started, as well as the £10m golf clubhouse hotel.
1636:
2333:
2208:
20:
1732:
868:
2188:
775:
342:
152:
41:
846:
805:
2064:
2039:
1810:
1250:
1180:
842:
439:
2258:
2248:
2183:
1840:
663:
501:
490:– a software company enabling mobile service providers to personalize, manage, and deliver applications. Acquired by
608:. Work began on the 'Roman Road' course in 1992, named after the main route connecting the former Roman fortress of
2094:
1977:
780:
730:
391:
378:
In 1985, British Telecom bought a controlling interest in Mitel. Cowpland would later form the company that became
281:
1549:
2338:
2193:
356:
422:. The company acquired Intertel in April 2007. Mitel went public again in 2010. Mitel announced the purchase of
1758:
592:
for 15 years. The original Celtic Manor Hotel was formerly a maternity hospital and is Matthews' birthplace.
2043:
1025:
631:
589:
523:
479:
372:
368:
217:
2348:
2273:
2178:
2014:
1116:
553:
452:
1759:"Sir Terry Matthews and the Swansea Bay City Region give backing to the Swansea Bay Tidal Lagoon project"
556:
aimed at connecting established Western Canadian companies with venture capitalists and investment firms.
726:
685:
667:
253:
552:- Matthews founded Alacrity in 2009 along with his son, Owen Matthews, and Simon Gibson. Alacrity is a
560:
Additionally, Matthews serves on the board of directors for a number of high tech companies including
2343:
2136:"The Alacrity of Owen Matthews: Tech Champion, Visionary Investor, All-Round Good Guy, and Yes, Geek"
1229:"Mitel Networks buys Aastra Technologies in friendly takeover deal to create bigger high-tech player"
785:
758:
304:
Matthews' first enterprise was started in collaboration with fellow Briton and Microsystems employee
2015:"William Shatner, Jann Arden, first Indigenous NHL player among 125 appointments to Order of Canada"
482:
on 27 April 2005. This venture was the first successful high tech IPO in the Ottawa area since 1999.
1607:
746:
704:
700:
651:
585:
573:
572:
Matthews spends a considerable amount of time in his native Wales, working on such ventures as the
486:
460:
423:
249:
221:
1920:
1893:
1463:
1302:
715:
708:
601:
561:
505:
395:
257:
209:
110:
1888:
204:
He has founded or funded over 100 companies in the high-tech communications field, most notably
1915:
1710:
1684:
1658:
1408:
1085:
1081:
872:
770:
693:
229:
1137:
1632:
540:
305:
277:
169:
754:
722:
681:
427:
364:
285:
269:
140:
32:
886:
654:. Matthews hosts an annual gala, Lumière, that has raised over $ 1 million for charity.
512:
in Feb 2007 for about U.S. $ 150M and is the basis of Avaya's next generation solutions.
1993:
1946:
1866:
581:
577:
564:(formerly Solace Systems), and chairs CounterPath Corporation and Benbria Corporation.
468:
399:
241:
225:
198:
78:
914:
2172:
1575:"Billionaire entrepreneur Sir Terry Matthews talks about Wales and some pet projects"
1327:"Mitel to buy ShoreTel for $ 430 million to create unified communications powerhouse"
945:
809:
750:
472:- Matthews company which manages land and buildings in the Kanata North Business Park
415:
273:
213:
183:
121:
1506:
634:
Board. The Swansea Bay City Region Board is backing a Swansea Tidal Lagoon project.
367:
and other semiconductor devices would make a similar change in the market for small
1162:
950:
689:
638:
414:
communications company. The company has made significant investments in enterprise
1762:
1736:
1578:
1484:
813:
734:
605:
530:
in 2006 for $ US 105 Million and is the basis of Radisys' MediaEngine solutions.
419:
245:
197: He was the richest man in Wales until 2012, when he was surpassed by Sir
177:
2089:
1837:"A World-Class Equestrian Centre and a Local Attraction for the Capital Region"
714:
In 2011, he was appointed Patron of the Cancer Stem Cell Research Institute at
1971:
707:. In 2006, he was awarded an Honorary Degree (Doctor of Engineering) from the
1733:"Sir Terry Matthews revealed as the new chair of the Swansea Bay City Region"
1412:
995:
2113:
749:. His son Owen lives in Victoria, British Columbia, is a General Partner at
597:
411:
353:
173:
753:, and is founder and chairman of the Alacrity Foundation. His youngest son
2040:"Ottawa entrepreneur Terry Matthews named officer of the Order of Canada"
1814:
1688:
1662:
1166:
613:
609:
435:
284:, a chipmaking operation affiliated with Northern Telecom (which became
1685:"Sir Terry Matthews to use 'global network' to boost region investment"
1603:
1435:"Victoria packs a pint-sized punch as a small but flourishing tech hub"
1022:""There's a revolution going on," says Terry Matthews of tech industry"
527:
431:
293:
1273:"Mitel announces definitive agreement to acquire Polycom - NASDAQ.com"
464:- A 5* resort with a golf club attached to it, in Newport, South Wales
321:
awnmowers". However, Cowpland is quoted as saying that it stands for "
2068:
2018:
1553:
919:
891:
491:
418:
telephony technology. Mitel's manufacturing business was spun off as
346:
289:
2110:"Governor General to Invest 41 Recipients into the Order of Canada"
1349:"Canada's Mitel to be bought by investor group in $ 2 billion deal"
600:. Matthews had become friends with golf course architect, the late
623:
from the International Spa Association. Matthews commented that:
509:
379:
205:
82:
1990:"Terry Matthews, six other Ottawans appointed to Order of Canada"
548:
1459:
519:
2163:
1113:"How to turn $ 4,000 into billions: Energy, hard work, passion"
974:"Now's the time to be a tech start-up, says Sir Terry Matthews"
1251:"Canada's Mitel Networks to buy Mavenir Systems for $ 560 mln"
620:
1374:"Terry Matthews net worth | Evening Standard Tech Rich List"
1711:"Sir Terry Matthews holds first regeneration board meeting"
1659:"Celtic Manor's Sir Terry Matthews is Swansea region chief"
1138:
Craig Bailey on Microsoft: INSPIRATION: Sir Terry Matthews
688:
for services to Industry and to Wales. He was knighted by
630:
In September 2014, Matthews was appointed chairman of the
1298:"Valuation Quirks Help End Proposed Polycom-Mitel Merger"
771:
List of Canadians § Businesspeople and entrepreneurs
363:
Later, the pair realized that the then-new technology of
260:
and received a bachelor's degree in Electronics in 1969.
2309:
Fellows of the Institution of Engineering and Technology
2065:"9 people from Ottawa area appointed to Order of Canada"
1889:"Supplement to London Gazette of Friday, 10th June 1994"
1786:"Celtic Manor Resort confirm new name of acquired hotel"
1401:"Sir Terry Matthews: south Wales's local boy done good"
2354:
Canadian Officers of the Order of the British Empire
1863:"Brookstreet's Lumière gala passes $ 1 million mark"
699:Matthews has received honorary doctorates from the
135:
127:
116:
106:
89:
61:
30:
426:in November 2013. Mitel announced the purchase of
1205:. UCStrategies.com. 22 April 2010. Archived from
580:, near the south Wales coast, chosen to host the
382:, and Matthews later founded Newbridge Networks.
680:On 16 June 2001, he was conferred the honour of
430:in March 2015. Mitel announced the purchase of
2299:People associated with the University of Wales
1532:"NATO summit coming to Newport's Celtic Manor"
745:His daughter, Karen, is executive director at
1973:Sir Terry Matthews on Cardiff research centre
1460:"Executive Management and Board of Directors"
670:for services to the communications industry.
8:
2304:Fellows of the Royal Academy of Engineering
2289:Officers of the Order of the British Empire
701:University of Wales (Glamorgan and Swansea)
19:For other people named Terry Matthews, see
1811:"Aging equestrian venue to get a makeover"
675:Fellow of the Royal Academy of Engineering
664:Officer of the Order of the British Empire
549:Alacrity Incubator and Accelerator Program
27:
1943:"Executive Profile - Terence H. Matthews"
869:"Canada's Richest People: Terry Matthews"
833:
831:
786:List of Welsh people § Entrepreneurs
721:On 29 December 2017, he was appointed an
508:software platform, which was acquired by
1916:"Birthday Honours List - United Kingdom"
1203:"Mitel Becomes a Public Company – Again"
996:"Sir Terry Matthews' firm in $ 2bn deal"
940:
938:
946:"Terry Matthews: A well-connected Celt"
797:
168:(born 6 June 1943) is a Welsh-Canadian
2244:Canadian businesspeople in real estate
1598:
1596:
1107:
1105:
1103:
2234:Canadian chairpersons of corporations
1076:
1074:
1072:
1052:"Terry Matthews - Swansea University"
526:Media Servers, which was acquired by
7:
2264:Canadian technology chief executives
2239:Canadian technology company founders
2219:21st-century Canadian businesspeople
2214:20th-century Canadian businesspeople
2204:British technology company founders
478:- Provider of IP video solutions.
280:, Matthews left Britain and joined
2279:Businesspeople awarded knighthoods
1635:. 16 February 2015. Archived from
637:In January 2016, he purchased the
14:
2319:People from Newbridge, Caerphilly
2229:21st-century Welsh businesspeople
2224:20th-century Welsh businesspeople
1399:Ruddick, Graham (20 April 2016).
1231:(Press release). 11 November 2013
228:, the Brookstreet Hotel, and the
2254:Canadian computer businesspeople
2134:Kerry Slavens (6 October 2016).
1784:Barry, Sion (22 February 2016).
757:is an actor, founder and CEO of
2314:Officers of the Order of Canada
1507:"Terry Matthews - Benbria Loop"
1433:Silcoff, Sean (9 August 2015).
176:entrepreneur, and Wales' first
21:Terry Matthews (disambiguation)
776:List of Canadians by net worth
723:Officer of the Order of Canada
588:. The Celtic Manor hosted the
494:in June 2011 for $ 215 Million
343:Communications Research Centre
1:
2359:21st-century Welsh landowners
2090:"Sir Terence Hedley Matthews"
1253:(Press release). 2 March 2015
1150:Knights of the New Technology
915:"Forbes Face: Terry Matthews"
673:In 1998, he was elected as a
604:, whose family roots were in
2294:Alumni of Swansea University
1713:. BBC News. 19 November 2014
1325:Miller, Ron (27 July 2017).
1181:"Mitel To Acquire Inter-Tel"
843:Royal Academy of Engineering
440:Searchlight Capital Partners
252:. He grew up in the town of
1841:National Capital Commission
1183:. tmcnet.com. 27 April 2007
268:After an apprenticeship at
149:Sir Terence Hedley Matthews
2375:
2324:People from Newport, Wales
2269:Businesspeople in software
2199:Businesspeople from Ottawa
2095:Governor-General of Canada
887:"Terence (Terry) Matthews"
781:List of people from Ottawa
731:Governor General of Canada
662:Matthews was appointed an
282:MicroSystems International
188:Excessive citations inline
18:
16:Welsh-Canadian billionaire
2329:Welsh emigrants to Canada
2284:Canadian Knights Bachelor
1629:"Swansea Bay City Region"
1487:. CounterPath Corporation
339:National Research Council
1550:"NATO Summit Wales 2014"
1163:"Alcatel buys Newbridge"
1152:, Key Porter Books: 1983
584:golf tournament and the
212:. He is the chairman of
2044:Ottawa Business Journal
1026:Ottawa Business Journal
632:Swansea Bay City Region
576:, a leisure complex in
554:non-profit organization
373:New York Stock Exchange
218:Swansea Bay City Region
193:considered for deletion
2334:Welsh company founders
2209:British Telecom people
1117:Waterloo Region Record
602:Robert Trent Jones Snr
2189:Canadian billionaires
2164:Wesley Clover website
737:on 20 November 2018.
727:2018 Canadian honours
692:at an investiture in
686:2001 Birthday Honours
668:1994 Birthday Honours
590:ISPS Handa Wales Open
254:Newbridge, Caerphilly
240:Matthews was born in
1953:on 21 September 2011
1485:"Board of Directors"
1082:"Sir Terry Matthews"
806:"About Us - History"
759:Brookstreet Pictures
1869:. 17 September 2015
1739:. 24 September 2014
1691:. 25 September 2014
1665:. 24 September 2014
1608:Celtic Manor Resort
1511:Benbria Corporation
1169:. 23 February 2000.
875:. 30 December 2017.
747:Wesley Clover Parks
705:Carleton University
652:Wesley Clover Parks
574:Celtic Manor Resort
487:Bridgewater Systems
461:Celtic Manor Resort
424:Aastra Technologies
250:Celtic Manor Resort
222:Celtic Manor Resort
220:board. He owns the
2259:Canadian investors
2249:Canadian hoteliers
2184:Welsh billionaires
1921:The London Gazette
1894:The London Gazette
1538:. 31 October 2013.
1464:Solace Corporation
1439:The Globe and Mail
1303:The New York Times
895:. 31 December 2017
716:Cardiff University
709:University of Bath
506:Application Server
386:Newbridge Networks
357:DTMF tone receiver
258:Swansea University
210:Newbridge Networks
111:Swansea University
1817:. 17 January 2013
1765:. 22 January 2015
1536:South Wales Argus
1209:on 18 August 2010
1056:www.swansea.ac.uk
954:. 28 October 2000
873:Canadian Business
839:"List of Fellows"
694:Buckingham Palace
612:with the town of
498:Ubiquity Software
360:Bromont, Quebec.
230:Marshes Golf Club
146:
145:
2366:
2339:Nortel employees
2194:Welsh landowners
2151:
2150:
2148:
2146:
2140:Douglas Magazine
2131:
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1633:Welsh Government
1625:
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1600:
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1581:. 4 January 2012
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1378:Evening Standard
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1028:. Archived from
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845:. Archived from
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823:
821:
812:. Archived from
802:
586:2014 NATO summit
541:Newport Networks
446:Other businesses
306:Michael Cowpland
278:Martlesham Heath
256:. He studied at
196:
170:business magnate
167:
75:
71:
69:
56:
28:
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2013:
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1983:
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1844:
1843:. 24 April 2014
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1639:on 29 June 2015
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1380:. 28 April 2023
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