2010
DOI: 10.2139/ssrn.2231985
|View full text |Cite
|
Sign up to set email alerts
|

European Acquisitions in the United States: Re-Examining Olivetti-Underwood Fifty Years Later

Abstract: The purpose of the Economic History Working Papers (Quaderni di Storia economica) is to promote the circulation of preliminary versions of working papers on growth, finance, money, institutions prepared within the Bank of Italy or presented at Bank seminars by external speakers with the aim of stimulating comments and suggestions. The present series substitutes the Historical Research papers -Quaderni dell'Ufficio Ricerche Storiche. The views expressed in the articles are those of the authors and do not involv… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1

Citation Types

0
2
0

Year Published

2013
2013
2020
2020

Publication Types

Select...
3
2
1

Relationship

0
6

Authors

Journals

citations
Cited by 71 publications
(2 citation statements)
references
References 27 publications
0
2
0
Order By: Relevance
“…Bereft of its two leaders, the program remained resource-intensive, with sale profits absorbed by heavy R&D costs, despite its reorganization to form the Olivetti Electronic Division (DEO) in Spring 1962. Moreover, Adriano Olivetti had launched an acquisition of the American typewriter maker Underwood in 1959, which resulted in major financial stresses [9] and the Italian government was not supporting Olivetti, unaware of the strategic importance of the new technology. In order to cope with these issues, Olivetti's share capital was expanded, opening the company to new shareholders, including some major Italian companies and banks, in May 1964.…”
Section: Massimo Guarnierimentioning
confidence: 99%
“…Bereft of its two leaders, the program remained resource-intensive, with sale profits absorbed by heavy R&D costs, despite its reorganization to form the Olivetti Electronic Division (DEO) in Spring 1962. Moreover, Adriano Olivetti had launched an acquisition of the American typewriter maker Underwood in 1959, which resulted in major financial stresses [9] and the Italian government was not supporting Olivetti, unaware of the strategic importance of the new technology. In order to cope with these issues, Olivetti's share capital was expanded, opening the company to new shareholders, including some major Italian companies and banks, in May 1964.…”
Section: Massimo Guarnierimentioning
confidence: 99%
“…It also focused on electronic calculators, which were very successful. Olivetti eventually developed into a major player in the fields of electronics and office equipment with a total of 73,300 employees in 1970 (47% of whom were in Italy) and a strong international presence (Barbiellini Amidei, Goldstein, & Spadoni, 2010;Castagnoli, 2014).…”
Section: Olivetti and The Electronics-mechatronics Industrymentioning
confidence: 99%