Aktiengesellschaft | |
Industry | Computer |
Founded | 1952 |
Founder | Heinz Nixdorf |
Defunct | 1990 |
Headquarters | Paderborn, West Germany |
Nixdorf Computer AG was a West German computer company founded by Heinz Nixdorf in 1952. Headquartered in Paderborn, Germany, it became the fourth largest computer company in Europe, and a worldwide specialist in banking and point-of-sale systems.
When Nixdorf worked at Remington Rand Corp., he recognized the market potential for calculators. He presented his concept a few large businesses. The Rheinisch-Westfälischen Elektrizitätswerken (RWE) in Essen showed interest and trust in his ideas, so they gave him 30,000 D-Mark. With that, Nixdorf was able to found the Labor für Impulstechnik on July 1, 1952. The same year, the company delivered their first calculator. Because of their success, the Labor für Impulstechnik delivered to major companies like the Wanderer-Werke in Cologne and the Compagnie des Machines Bull in Paris. In 1954 the company was compelled to move to another office location, because they needed more space. They invented many products like the Wanderer Conti, the first desk calculator in the world with a printer in it, and the Nixdorf-Universalcomputer 820. The fast expansion was the reason why the company rented rooms in Paderborn, Nixdorf's hometown. One year later, the company moved completely to Paderborn and their first own building was built in 1961. Today, there is a museum located there. In 1967, Nixdorf had the idea of not just selling via distributors anymore, but to sell the products by himself. The first companies were built and the Labor für Impulstechnik was also represented in Berlin. The first public move was when the company bought their biggest client, the Wanderer-Werke in Cologne.
With the buy of the Wanderer shares in 1968, followed the merger between the former Wanderer Werken and the Labor for Impulstechnik to the Nixdorf Computer AG on October 1, the same year. The place of business was in Paderborn. Because of the electronic data processing as a new concept, the company had a quick success. Producers like IBM were trusted on mainframes but Heinz Nixdorf recognized that mainframes were too expensive for many concerns, so he presented the Nixdorf 820. With that he brought the computer directly to the office and the people could afford it.