Acorn stopped making machines (and went to TV stuff) around 2000 - they didn't go bust. They renamed themselves Element 14, after which they were brought by Pace, and then Broadcom.
Your thinking of the time when Olivetti (temporarily) took over Acorn (around 1985-98).
Your thinking of the time when Olivetti (temporarily) took over Acorn (around 1985-98).