Some very interesting information about the Olympia corporation history:
The Olympia Typewriter has a unique history. People from all over the world have enjoyed the smooth comfort, colorful design, and portability of Olympia typewriters. Old-Hollywood moviemakers, contemporary authors, and antique enthusiasts alike have celebrated this West-German brand.
Olympia's story begins in Berlin on August 15, 1903. Here, under the direction of European General Electric (AEG), Dr. Friedrich von Hefner-Alteneck sought to develop a German machine to capitalize on the rising popularity and demand for typewriters.
In 1912 the first commercially successful Olympia, Model 3 rolled into the marketplace.
By 1930, the Olympia brand name had been secured. As World War II raged over the European skies, the Erfurt plant suffered damage. Already reduced to just eleven employees by April of 1945, the factory survived the bombing and capture of the city by Allied forces. However, it was greatly tested by the Soviet takeover later that summer, as the East German government took control of Erfurt and everything in it--including Olympia--renaming the company "Optima".
Several former employees fled to West Germany, and set up shop in 1948 in Wilhelmshaven, where Olympia typewriters continued to be made until production stopped in 1992.
From the late nineteen forties onward, Olympia enjoyed increasing success. First, in 1949, the International Court of Justice at The Hague settled the dispute between East and West Germany over rights to the Olympia brand name. The Wilhelmshaven owners won, and officially changed the name of the company to Olympia Werke.
By 1961, about half of the typewriters in use in Germany were Olympia portables.
--Olympia portable typewriters were known for craftsmanship, eye-catching design, and continuous innovation.
Olympia continued to thrive, opening new manufacturing facilities in Canada, Ireland, Mexico, and Chile, just to name a few countries.
By the 1970s, Olympia--like most other business machine suppliers--was well aware of the threat computers presented to typewriters.
In the end, Olympia folded. Production ended in 1992, after every attempt to save the company. But Olympia typewriters are still around, often in great condition and highly prized by their owners.
(Credit for this wonderful information given to Vintage Typewriter Jewlery.com)