Telefunken 1903 - 1997

Berlin, Berlin state, Germany

Gesellschaft für drahtlose Telegraphie System Telefunken, better known as Telefunken, is a German radio and television company, founded in 1903, in Berlin, as a joint venture of two large companies, Siemens & Halske (S & H) and the Allgemeine Elektrizitäts-Gesellschaft (AEG) (the General Electricity Company); Telefunken engineers laid the foundations for radio in Germany during the 1920's and in the 1930's was substantially involved in the development of the electronic television; in 1941 Siemens transferred its Telefunken shares to AEG who thus became sole owners with Telefunken as a subsiduary (known as Telefunken GmbH from 1955 and Telefunken AG from 1963); merged with AEG in 1967 becoming AEG-Telefunken; during 1960s developed PAL colour television system widely used in Europe; AEG was bought by Daimler in 1985 and Telefunken was dropped from the company name and had effectively ceased to exist as an independant company by 1997. However the brand name "Telefunken" is still marketed by Daimler in Europe.