Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Facit> ?p ?o }
Showing triples 1 to 46 of
46
with 100 triples per page.
- Facit abstract "Facit (Facit AB) was an industrial corporation and manufacturer of office products. It was based in Åtvidaberg, Sweden, and founded in 1922 as AB Åtvidabergs Industrier. Facit AB, a manufacturer of mechanical calculators, was incorporated into the corporation the same year. In 1932, the first ten-digit calculator was manufactured by Åtvidaberg Industries, it was named FACIT and became a great success.By the early 1960s the corporation had a total of 8,000 employees with subsidiaries in over 100 countries, and the subsidiary Facit had come to dominate the business of the corporation. In 1965 the entire corporation changed its name to Facit AB. The following year, it acquired its competitor Addo, which was maintained as a separate subsidiary. Under the popular leadership of Gunnar Ericsson, Facit focused increasingly on its mechanical calculators, branding, marketing and global expansion. This strategy was referred to as "The New Deal". Throughout the 1960s Facit experienced an increased growth and a high profitability. However, electronic calculators were rapidly improving in performance and gained larger market shares over time. In 1965, 4,000 digital calculators were sold globally. The next year, the same figure had reached 25,000 and in 1967 they accounted for 15 percent of the market.Facit sought to handle this disruptive threat by collaborating with the Japanese firm Hayakawa (Sharp). The electronic calculators were manufactured in Japan and during 1965-67 Facit had exclusive rights to sell them through its global market organization under the Facit brand. As Hayakawa started to build its own global sales organization, the relationship between the two companies became increasingly strained.In 1970, the company had reached its peak with more than 14,000 employees worldwide. In 1971, modern Japanese-made calculators started to seriously disrupt the industry, instantly making Facit's mechanical calculators obsolete. As a result, Facit went out of business virtually overnight. The general view on this failure is that Facit met its demise as a result of refusing to acknowledge the superiority of modern calculators, as well as an unwillingness to adapt and change accordingly, to meet the new demands from the market. Other reasons for this have been mentioned as well: for instance the inability to consolidate the R&D functions of acquired companies as well as limited R&D resources due to the relatively small size of Facit compared to its American counterparts.Facit was sold to Electrolux in 1973. In 1983 it was again sold to Ericsson, whereby an attempt to manufacture microcomputers was initiated. During 4 years, the Facit home computer became popular in Sweden. It offered some innovative solutions with a version of BASIC as a programming language. However, as this venture didn't turn out to be a profitable one, it was terminated in 1988. The company was subsequently divided between foreign owners. The remainder of the corporation known as Facit AB was finally terminated in 1998.".
- Facit thumbnail Facit.JPG?width=300.
- Facit wikiPageID "2677018".
- Facit wikiPageLength "3892".
- Facit wikiPageOutDegree "16".
- Facit wikiPageRevisionID "540910438".
- Facit wikiPageWikiLink AB_Addo.
- Facit wikiPageWikiLink BASIC.
- Facit wikiPageWikiLink Category:Defunct_companies_of_Sweden.
- Facit wikiPageWikiLink Category:Mechanical_calculator_companies.
- Facit wikiPageWikiLink Electrolux.
- Facit wikiPageWikiLink Ericsson.
- Facit wikiPageWikiLink File:Facit.JPG.
- Facit wikiPageWikiLink Gunnar_Ericsson.
- Facit wikiPageWikiLink Mechanical_calculator.
- Facit wikiPageWikiLink Microcomputer.
- Facit wikiPageWikiLink Programming_language.
- Facit wikiPageWikiLink Sharp_Corporation.
- Facit wikiPageWikiLink Sweden.
- Facit wikiPageWikiLink Åtvidaberg.
- Facit wikiPageWikiLink File:Calculator_facit_hg.jpg.
- Facit wikiPageWikiLink File:Elof_Ericsson_1937.jpg.
- Facit wikiPageWikiLinkText "Facit".
- Facit hasPhotoCollection Facit.
- Facit wikiPageUsesTemplate Template:About.
- Facit wikiPageUsesTemplate Template:Refbegin.
- Facit wikiPageUsesTemplate Template:Refend.
- Facit subject Category:Defunct_companies_of_Sweden.
- Facit subject Category:Mechanical_calculator_companies.
- Facit hypernym Corporation.
- Facit type Company.
- Facit type Company.
- Facit comment "Facit (Facit AB) was an industrial corporation and manufacturer of office products. It was based in Åtvidaberg, Sweden, and founded in 1922 as AB Åtvidabergs Industrier. Facit AB, a manufacturer of mechanical calculators, was incorporated into the corporation the same year.".
- Facit label "Facit".
- Facit sameAs Facit_(Rechenmaschinen).
- Facit sameAs Facit_AB.
- Facit sameAs ファシット.
- Facit sameAs Facit.
- Facit sameAs m.07x81w.
- Facit sameAs Facit_AB.
- Facit sameAs Facit.
- Facit sameAs Q1349735.
- Facit sameAs Q1349735.
- Facit wasDerivedFrom Facit?oldid=540910438.
- Facit depiction Facit.JPG.
- Facit isPrimaryTopicOf Facit.