Saeco

Saeco is an Italian manufacturer of espresso machines and other electrical goods, head quartered near Bologna.
In 1985 they launched the first completely automatic espresso machine for domestic use and in 1999 they bought the historic brand of Gaggia.
In May 2009, the company board agreed to a purchase offer from Dutch manufacturer Philips, owner of the Senseo coffee system, subject to shareholder and bank approval.