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In 1923, Arthur C. Nielsen opened a statistical consulting firm in Chicago.
The company's origins date back to 1923, when an engineer by the name of Arthur C. Nielsen borrowed $45,000 to start a business running quality tests and offering buying suggestions on conveyor belts, turbine generators, and other machine-related parts.
Nielsen was founded in 1923 by Arthur C. Nielsen, Sr., who invented an approach to measuring competitive sales results that made the concept of "market share" a practical management tool.
The company expanded its business in 1932 by creating a retail index that tracked the flow of food and drug purchases.
In 1933, Nielsen introduced measurements for drugstore and retail store sales.
By going beyond conventional consumer questionnaires and having auditors actually survey store shelves and accounting books to determine sales patterns, Nielsen helped pioneer key market research tools--including the concept of market share in 1935.
1935: A.C. Nielsen creates 'market share' concept.
In 1936, Arthur C. Nielsen acquired the Audimeter, which measured which radio stations a radio had been tuned to during the day.
Indeed, as early as 1942, Nielsen began measurement of radio audiences on a national scale.
After tinkering with the device for a few years, the company created a national radio rating service in 1942.
A.C. Nielsen, Sr.'s efforts gained momentum in 1945 when his son, A.C. Nielsen, Jr., joined the firm, bringing new energy and ideas.
The company began measuring television audiences in 1950, at a time when the medium was just getting off the ground.
In 1952, the company acquired one of the first computers manufactured by IBM. Although it was unwieldy in size and function compared to later models, it nonetheless marked a milestone in efficiency.
In 1953, the company began sending out diaries to a smaller sample of homes (“Nielsen families”) within the survey to have them record what they had watched.
In 1963, Nielsen introduced measurement of sales at mass merchandisers, providing a bulk of consumer-related information that would have been virtually unmanageable just a decade earlier.
Scanning of universal product codes at retail stores was introduced in 1977.
By 1979, Nielsen offered local SCANTRACK service, which gave clients proprietary means of tracking specific market trends and producing custom reports to develop better marketing and distribution plans.
The company was acquired by the Dun & Bradstreet Company in 1984.
A similar collaboration of formerly competitive forces occurred in 1988, when Nielsen acquired Logistics Data Systems, the market leader whose software product, SPACEMAN, helped retailers profitably manage shelf space and display areas.
By 1991--just three years after its inception--the National Electronic Household Panel announced coverage of 40,000 homes.
In 1991, the company introduced Spotlight, a system that enabled users to locate and account for volume and share changes for given brands.
By 1991, the company had opened an office in its 28th country, Hungary.
That system would win an award for outstanding artificial intelligence application from the American Association for Artificial Intelligence in 1992.
Along with Nielsen Promotion Simulator, that product placed first in the software applications category at the Information Industry Association's Product Achievement Awards in 1993.
One example was the 1993 implementation of a Micro-Marketing system--Nielsen's Eagle Eye&mdashø help the Anheuser-Busch Company work with its retailers to organize space plans, marketing, and distribution for maximum sales.
Responding to overwhelming demand for its efficiency-related solutions in the consumer packaged goods industry, in 1993 Nielsen created a separate division for Efficient Consumer Response (ECR) and began forging ties within the industry to enhance its capabilities.
In 1993, the company was looking into a subsidiary office in Israel.
By the mid~1990s, Nielsen had asserted its dominance in the marketing information industry by successfully consolidating or winning back 26 consumer packaged goods clients, such as Dole Foods, Tambrands, Johnson Johnson, Bristol Myers Squibb, and Clairol. It also remained king of the hill in media rating services--especially since its main TV-rating competitor, The Arbitron Company, stopped providing local TV ratings at the end of 1993.
In a joint effort aimed at ECR implementation around the globe, the company worked together with suppliers and distributors to form the Nielsen Solution Partners program in 1994.
In 1998 the company acquired The BASES Group, an international provider of simulated test marketing services and proprietary products, to create ACNielsen BASES, and the following year it purchased Media Monitoring Services Ltd., one of Britain's leading advertising measurement services.
The Dutch publishing company VNU (Verenigde Nederlandse Uitgeverijen) acquired Nielsen Media Research in 1999.
2000: VNU announces plans to acquire ACNielsen Corporation.
The Dutch publishing company VNU (Verenigde Nederlandse Uitgeverijen) acquired Nielsen Media Research in 1999. It later recombined the two halves of the business when it acquired AC Nielsen in 2001.
In 2004, Nielsen began a joint venture called AGB Nielsen Media Research with WPP Group’s AGB Group, a European competitor which provides similar services.
The company was originally incorporated in the Netherlands and later was purchased on May 24, 2006, by a consortium of private equity firms.
Under the new ownership, Nielsen bought the remaining shares of the company in 2007.In the same year, Nielsen acquired Telephia, which measures mobile media, and Bilesim Medya, a Turkish advertising intelligence firm.
In the same year, the group hired David L. Calhoun, formerly of General Electric, as CEO. He renamed VNU as The Nielsen Company in 2007.
In July 2008, Nielsen released the first in a series of quarterly reports, detailing video and TV usage across the ‘three screens’ – Television, Internet and Mobile devices.
In 2008, the company acquired IAG Research which measures viewer engagement with TV commercials.
In 2009, the company acquired The Cambridge Group, which is a management consulting firm headquartered in Chicago.
In June 2010 Nielsen paired with McKinsey & Company to create the social media consulting company NM Incite.
In August 2011 Nielsen acquired Marketing Analytics, Inc.
In February 2012, Nielsen launched The Demand Institute in collaboration with The Conference Board.
In July 2012, Nielsen acquired the advertising tech company Vizu.
On June 17, 2013 Nielsen announced that Onex Corp (TSX: OCX) had completed the acquisition of Nielsen Expositions for $950 million in cash consideration.
On February 3, 2014 Nielsen announced the acquisition of Harris Interactive, Inc. (NASDAQ:HPOL). Harris is known widely for The Harris Poll.
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Nielsen Holdings may also be known as or be related to Nielsen, Nielsen Holdings and The Nielsen Company.