Olivetti
Olivetti
Main page
2141198

Olivetti

logo
Community Hub0 subscribers
What are your thoughts?
Be the first to start a discussion here.
Be the first to start a discussion here.
Olivetti

Olivetti S.p.A. is an Italian manufacturer of computers, tablets, smartphones, printers and other such business products as calculators and fax machines. Headquartered in Ivrea, in the Metropolitan City of Turin, the company has been owned by TIM S.p.A. since 2003.

The company is known for innovative product design, ranging from the 1950s Lettera 22 portable typewriter, to some of the first commercial programmable desktop calculators, such as the 1964 Programma 101, as well as the pop-art inspired Valentine typewriter of 1969. Between 1954 and 2001, Italy's Association of Industrial Design (ADI) awarded 16 Compasso d'Oro prizes to Olivetti products and designs – more than any other company or designer. At one point in the 1980s, Olivetti was the world's third largest personal computer manufacturer and remained the largest such European manufacturer during the 1990s.

The company was founded as a typewriter manufacturer by Camillo Olivetti in 1908 in the Turin commune of Ivrea, Italy. The firm was mainly developed by his son Adriano Olivetti.

Olivetti opened its first overseas manufacturing plant in 1930, and its Divisumma electric calculator was launched in 1948. Olivetti produced Italy's first electronic computer, the transistorised Elea 9003, in 1959, and purchased the Underwood Typewriter Company that year. In 1964 the company sold its electronics division to the American company General Electric. In order to qualify for new loans, bankers made it a condition that the company's electronic division be sold to General Electric. It continued to develop new computing products on its own; one of these was Programma 101, one of the first commercially produced programmable calculators. In the 1970s and 1980s, they were the biggest manufacturer for office machines in Europe and 2nd biggest PC vendor behind IBM in Europe. Olivetti also inspired Thomas J. Watson Jr. to change IBM's approach to industrial design beginning in the 1950s.

In 1980, Olivetti began distributing in Indonesia through Dragon Computer & Communication.[citation needed]

In 1981, Olivetti installed the electronic voting systems for the European Parliament in Strasburg and Luxembourg.

In 1986, the company acquired Triumph-Adler, a major office equipment manufacturer based in Germany that also produced typewriters, from Litton Industries of the United States. With this acquisition, Olivetti grabbed 50 percent of the European typewriter market.

In September 1994, the company launched Olivetti Telemedia chaired by Elserino Piol.

See all
User Avatar
No comments yet.