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Société Suisse Pour L'Industrie Horlogère
Société Suisse pour l'Industrie Horlogère (SSIH) is a former group of Swiss watchmakers comprising the brands Omega, Tissot and Lemania. History SSIH was created on February 24, 1930 in Geneva by Tissot and Omega, to be joined in 1932 by Lemania Watch Co and A. Lugrin Co in L'Orient (Vallée de Joux). The company specialized in the manufacture of horological complications, enabling Omega to obtain the timing of the 1932 Olympic Games in Los Angeles. This was an important step for the development of Omega's important Sports' Watches segment with exclusive chronographs, such as the Omega Speedmaster. The merger agreement foresaw Omega's concentration on the luxury watch segment, whereas Tissot's mission was to concentrate on the medium price range segment. In 1983, SSIH and the Allgemeine Gesellschaft der schweizerischen Uhrenindustrie AG (ASUAG) the other most important Swiss Watch Group, were forced by their Swiss Banks to merge into a new holding company named Sociét ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omega SA
Omega SA is a Swiss luxury watchmaker based in Biel/Bienne, Switzerland. Founded by Louis Brandt in La Chaux-de-Fonds in 1848, the company formerly operated as ''La Generale Watch Co.'' until incorporating the name ''Omega'' in 1903, becoming ''Louis Brandt et Frère-Omega Watch & Co.'' In 1984, the company officially changed its name to ''Omega SA'' and opened its museum in Biel/Bienne to the public. Omega is a subsidiary of The Swatch Group. Britain's Royal Flying Corps used Omega watches in 1917 for its combat units, followed by the U.S. Army in 1918, and NASA in 1969 for Apollo 11. Omega has been the official timekeeper of the Olympics since 1932 and is the current timekeeper of the America's Cup yacht race. Omega was a main partner of the 2022 Winter Olympics. History Early history The forerunner of Omega, ''La Generale Watch Co.'', was founded at La Chaux-de-Fonds, Switzerland, in 1848 by Louis Brandt, who assembled key-wound precision pocket watches from parts suppli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allgemeine Gesellschaft Der Schweizerischen Uhrenindustrie AG
Allgemeine Schweizerische Uhrenindustrie AG (ASUAG; French: ''Société Générale de l'Horlogerie Suisse SA'') was the former biggest Swiss Watch Industry Group that had been created with the assistance of the Swiss Government and the Swiss Banks, as an answer to the crisis caused by the Great Depression, in 1931. In 1983, ASUAG and SSIH were forced by the Swiss Banks to merge into Société de Microélectronique et d'Horlogerie (SMH), which now has been renamed Swatch Group. ASUAG grouped most of the movement parts & Ebauches manufacturers on one side, and through its sub-holding General Watch Co (GWC); many watch brands on the other side. Most of those companies are still active, integrated into the new conglomerate. During the years of crisis, from 1978 until 1991, Dr. Ernst Thomke was at the helm of the restructuring, first as CEO of ETA SA ETA SA Manufacture Horlogère Suisse (ETA SA Swiss Watch Manufacturer) designs and manufactures quartz watches and both hand-wound a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Established In 1930
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Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * '' The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series '' Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Watchmaking Companies
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Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernst Thomke
Ernst Thomke (born 21 April 1939) is a Swiss physician and watchmaker. Training first as a mechanic, he later acquired the Swiss federal maturity degree and pursued academic studies whilst in employment. Early life and education Thomke was born in Biel/Bienne in the Canton of Berne, on the Franco-German linguistic border. He completed an apprenticeship as a mechanic at the factory of ETA SA in Grenchen, Canton of Solothurn. Between 1961 and 1967, he studied natural sciences, mainly chemistry at the University of Bern and University of Lausanne. He then pursued medical studies in Berne while working full-time. He was promoted to doctor in 1975. He completed his education with management studies and marketing at the INSEAD, Fontainebleau. He worked in research from 1970 to 1977 for the British pharmaceutical group Beecham, mainly at their Swiss laboratories, but also at the pharmacological institute of Gothenburg, Sweden. He was appointed head of marketing and regional marketing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swatch Group
The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 by the merger of ASUAG and SSIH to move to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry. The Swatch Group is the world's largest watch company and employs about 36,000 people in 50 countries. The group owns the Swatch product line and other brands, including Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot. History SSIH SSIH (Société Suisse pour l'Industrie Horlogère), originated in 1930 with the merger of the Omega and Tissot companies. Swiss watch quality was high, but new technology, such as the Hamilton Electric watch introduced in 1957 and the Bulova Accutron tuning fork watch in 1961, presaged increasing technological competition. In the late 1970s, SSIH became insolvent due in part to a recession and in part to heav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société De Microélectronique Et D'Horlogerie
Société de Microélectronique et d'Horlogerie was the name of the holding company created by the merger enforced by the Swiss Banks in 1983 of the SSIH and ASUAG, renamed The Swatch Group in 1998. Ernst Thomke, previously CEO of Ebauches SA and ETA SA ETA SA Manufacture Horlogère Suisse (ETA SA Swiss Watch Manufacturer) designs and manufactures quartz watches and both hand-wound and automatic-winding mechanical and movements. Commonly referred to as ETA, the company is headquartered in Gren ..., was appointed to head the newly established conglomerate as its first CEO. He held his position until 1991. When he resigned, the newly elected President of the Board, Nicolas G. Hayek, had already managed to become the only person of reference. References {{DEFAULTSORT:Societe de Microelectronique et d'Horlogerie Defunct watchmaking companies Companies established in 1983 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ASUAG
Allgemeine Schweizerische Uhrenindustrie AG (ASUAG; French: ''Société Générale de l'Horlogerie Suisse SA'') was the former biggest Swiss Watch Industry Group that had been created with the assistance of the Swiss Government and the Swiss Banks, as an answer to the crisis caused by the Great Depression, in 1931. In 1983, ASUAG and SSIH were forced by the Swiss Banks to merge into Société de Microélectronique et d'Horlogerie (SMH), which now has been renamed Swatch Group. ASUAG grouped most of the movement parts & Ebauches manufacturers on one side, and through its sub-holding General Watch Co (GWC); many watch brands on the other side. Most of those companies are still active, integrated into the new conglomerate. During the years of crisis, from 1978 until 1991, Dr. Ernst Thomke was at the helm of the restructuring, first as CEO of ETA SA ETA SA Manufacture Horlogère Suisse (ETA SA Swiss Watch Manufacturer) designs and manufactures quartz watches and both hand-wound a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omega Speedmaster
Omega Speedmaster is a line of chronograph wristwatches produced by Omega SA. While chronographs have been around since the late 1800s, Omega first introduced this line of chronographs in 1957. Since then, many different chronograph movements have been marketed under the Speedmaster name. Astronaut Walter Schirra was the first person to wear one in space in 1962 during his Mercury-Atlas 8 mission. The manual winding Speedmaster Professional or "Moonwatch" is the best-known and longest-produced; it was worn during the first American spacewalk as part of NASA's Gemini 4 mission and was the first watch worn by an astronaut walking on the Moon during the Apollo 11 mission that 600 million people watched from Earth. The Speedmaster Professional remains one of several watches qualified by NASA for spaceflight and is still the only one so qualified for EVA. The Speedmaster line also includes other models, including analog- digital and automatic mechanical watches. Early development T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tissot
Tissot SA () is a Swiss watchmaker. The company was founded in Le Locle, Switzerland by Charles-Félicien Tissot and his son, Charles-Émile Tissot, in 1853. After several mergers and name changes, the group which Tissot SA belonged to was renamed the Swatch Group in 1998. Tissot is not associated with Mathey-Tissot, another Swiss watchmaking firm. History Independent company Tissot was founded in 1853 by Charles-Félicien Tissot and his son Charles-Émile Tissot in the Swiss city of Le Locle, in the Neuchâtel canton of the Jura Mountains area. The father and son team worked as a casemaker (Charles-Félicien Tissot) and watchmaker (Charles-Emile). His son having expressed an interest in watchmaking from a young age. The two turned their house at the time into a small 'factory'. Charles-Emile Tissot left for Russia in 1858 and succeeded in selling their savonnette pocket watches across the Russian Empire. In 2021, the company is marketinLe Locle Powermatic 80 which has a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chronograph
A chronograph is a specific type of watch that is used as a stopwatch combined with a display watch. A basic chronograph has an independent sweep second hand and a minute sub-dial; it can be started, stopped, and returned to zero by successive pressure on the stem. More complex chronographs use additional Complication (horology), complications and can have multiple sub-dials to measure seconds, minutes, hours and even fractions of a second. In addition, many modern chronographs use moveable bezels as Tachymeter (watch), tachymeters for rapid calculations of speed or distance. Louis Moinet invented the chronograph in 1816 for use in tracking astronomical objects. Chronographs were also used heavily in artillery fire in the mid to late 1800s. More modern uses of chronographs involve aircraft piloting, auto racing, Underwater diving, diving and submarine maneuvering. Since the 1980s, the term ''chronograph'' has also been applied to all Watch#Digital, digital watches that incorpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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