What does AEG mean in Societies?

AEG

Allgemeine Elektricitäts-Gesellschaft AG (AEG; German for 'General electricity company JSC') was a German producer of electrical equipment founded in Berlin as the Deutsche Edison-Gesellschaft für angewandte Elektricität in 1883 by Emil Rathenau. During the Second World War, AEG worked with the Nazi Party and benefited from forced labour from concentration camps. After World War II, its headquarters moved to Frankfurt am Main. In 1967, AEG joined with its subsidiary Telefunken AG, creating Allgemeine Elektricitäts-Gesellschaft AEG-Telefunken. In 1985, Daimler-Benz purchased the AEG-Telefunken Aktiengesellschaft (which was renamed to AEG Aktiengesellschaft) and wholly integrated the company in 1996 into Daimler-Benz AG (1998: DaimlerChrysler). The remains of AEG became part of Adtranz (later Bombardier Transportation) and Deutsche Aerospace (1998: DASA, today part of Airbus SE). After acquiring the AEG household subsidiary AEG Hausgeräte GmbH in 1994, Electrolux obtained the rights to the AEG brand name in 2005, which it now uses on some of its products. The AEG name is also licensed to various brand partners under the Electrolux Global Brand Licensing program.

see more »