Tissot supplied watches to Russia and the ‘Tsar’s Court.’
Tissot has created many first in the watch world. They created the first antimagnetic watch, and also were the first to produce the plastic watch.
Tissot merged with the Omega Watch Co. in 1929 to form SSIH. At the same time Longines, Rado and Swatch merged into ASUAG. At the beginning of the 1980s, in the midst of the decline of the Swiss watch industry, the two firms were bailed out of financial distress by local banks.
The two firms later merged to form ASUAG-SSIH, which was finally taken over by a group of private investor led by Nicholas Hayek and re named the Swatch Group.
Today Tissot still produce a line of quality watches today, including chronometer escapements.
History of Tissot
