It continued to develop new computing products on its own one of these was Programma 101, the first commercially-produced personal computer. In 1964 the company sold its electronics division to the American company General Electric. Olivetti produced Italy's first electronic computer, the transistorised Elea 9003, in 1959, and purchased the Underwood Typewriter Company that year. Olivetti opened its first overseas manufacturing plant in 1930, and its Divisumma electric calculator was launched in 1948. The firm was mainly developed by his son Adriano Olivetti. The company was founded as a typewriter manufacturer by Camillo Olivetti in 1908 in Ivrea, Italy. The primacy of the first PC can be assigned to Olivetti thanks to Programma 101, which was produced in 1964 and had a big success in the U.S.
Headquartered in Ivrea, province of Turin, the company has been part of the Telecom Italia Group since 2003. is an Italian manufacturer of computers, tablets, printers and other business products such as calculators and fax machines.
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