Ericsson Television - History

History

Tandberg is a long standing Norwegian company whose history goes back to the 1930s when it supplied domestic radio equipment. It grew into other areas during the decades after WW2 including a well respected audio equipment manufacturer and its reel to reel tape recorders were sought after by HiFi enthusiasts.

The Kjelsas factory also started producing TV sets in 1960, and in 1966 a second TV plant was opened in Kjeller in Skedsmo. Color TV's were added to their lineup in 1969. In 1972, Tandberg purchased Radionette, another large Norwegian electronics firm that has just begun focusing on televisions. By 1976, TV's were Tandberg's major product and their factories employed 3,500. However, that same year a major economic downturn seriously disrupted the company, and by 1978 it was insolvent. A shareholder revolt removed Vebjorn Tandberg from control of the company, and he committed suicide in August. In December the company declared bankruptcy

Tandberg Television, originally with headquarters in Lillestrom near Oslo, Norway, was formed in 1979 when the original Tandberg company split into Tandberg, Tandberg Data, and Tandberg Television.

Read more about this topic:  Ericsson Television

Famous quotes containing the word history:

    Well, for us, in history where goodness is a rare pearl, he who was good almost takes precedence over he who was great.
    Victor Hugo (1802–1885)

    Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.
    Susan Sontag (b. 1933)

    I believe that in the history of art and of thought there has always been at every living moment of culture a “will to renewal.” This is not the prerogative of the last decade only. All history is nothing but a succession of “crises”Mof rupture, repudiation and resistance.... When there is no “crisis,” there is stagnation, petrification and death. All thought, all art is aggressive.
    Eugène Ionesco (b. 1912)