Kleinschmidt Inc


Kleinschmidt Inc. was established in 1931 by Edward Kleinschmidt. It is a privately owned firm that provides electronic commerce, electronic data interchange, and value-added network services. Its headquarters are in Deerfield, Illinois.
Edward Kleinschmidt was one of the inventors of the teleprinter, one of the first electronic commerce devices.

History

1893 - Edward Ernst Kleinschmidt started working with telegraphy;

1898 - Edward E Kleinschmidt opened his own experimental shop;

1906 - George Seely joined Kleinschmidt’s shop with a partially developed block system for electric trolley car railways;

1910 - Exhibited at the Association of American Railroads Communications Convention;

1910 - Kleinschmidt started to receive multiple patents;

1914 - Kleinschmidt Electric Company was founded;

1924 - Kleinschmidt Electric merged with the Morkrum Company to form Morkrum-Kleinschmidt Corporation;

1928 - The company name was changed to Teletype Corporation;

1930 - The Teletype Corporation was sold to AT&T for $30,000,000 in stock;

1931 - Kleinschmidt Laboratories Inc. was founded;

1944 - Edward E. Kleinschmidt demonstrated his lightweight teleprinter at the Chief Signal Officer;

1949 - The Kleinschmidt 100-words-per-minute typebar page printer was made the standard for the Military;

1956 - Kleinschmidt Laboratories Inc. merged with Smith Corona which merged with Marchant Calculating Machine Company shortly thereafter, forming SCM;

1979 - Started to provide Electronic Data Interchange and Car Location Message services;

1986 - Hanson Trust acquired SCM Corporation. Harry S. Gaples, then Kleinschmidt division president, purchased the division from Hanson Trust.