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:

    As History stands, it is a sort of Chinese Play, without end and without lesson.
    Henry Brooks Adams (1838–1918)

    History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this.... It is not “history” which uses men as a means of achieving—as if it were an individual person—its own ends. History is nothing but the activity of men in pursuit of their ends.
    Karl Marx (1818–1883)

    A country grows in history not only because of the heroism of its troops on the field of battle, it grows also when it turns to justice and to right for the conservation of its interests.
    Aristide Briand (1862–1932)