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:

    Every member of the family of the future will be a producer of some kind and in some degree. The only one who will have the right of exemption will be the mother ...
    Ruth C. D. Havens, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)

    In every election in American history both parties have their clichés. The party that has the clichés that ring true wins.
    Newt Gingrich (b. 1943)

    So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.
    Ralph Waldo Emerson (1803–1882)