Neve Electronics was a manufacturer of music recording and broadcast mixing consoles and hardware. It was founded in 1961 by Rupert Neve, the man credited with creating the modern mixing console. History Company formation Rupert Neve formed Neve Electronics in 1961. The company specialised in producing professional audio equipment and mixing consoles. The products used high-quality components and utilized Class-A circuit designs. In 1964 the company moved to Cambridgeshire. That year Neve Electronics built one of the first transistor-based mixing consoles for Philips Records Studios in London. The company moved to a purpose-built factory in Melbourn, near Cambridge where in 1968 they designed the 2254 compressor limiter for ABC Weekend TV in the UK. It was also in 1968 that Neve Electronics began to distribute their products in North America. Vanguard Records, of New York City, was the first American recording studio to take possession of the Neve console in October, 1968. 1970s In 1970, Rupert Neve designed the 1073 module for the new A88 mixing console; this console was designed for Wessex Studios. During the seventies Neve Electronics produced a whole series of mixing consoles for both broadcast and recording studios. In 1973, the 8048 console was produced; this included the newer 1081 microphone/line preamplifier and equaliser. In the same year Rupert Neve sold Neve Electronics to the Bonochord Group. He continued working alongside Neve Electronics until 1975 when he left altogether. In 1977, Neve Electronics began using digital technology with the introduction of their Necam system. Necam stood for Neve Computer Assisted Mixdown. The first Necam system was installed at Air Studios in London. Necam also gained popularity in television post production facilities, including the BBC. Before the introduction of Necam, all fader mixing had to be done as live, a considerably skilled and stressful task for any dubbing mixer. Necam allowed for fader movements to be stored and recalled at a later point, allowing the dubbing mixer to build a mix in stages and focus on the creative and artistic elements of a mix, rather than on managing the technology. For those working in television post production, this was seen as a major breakthrough. In 1979, the 8108 console was produced using both analog and digital technology. The console had assignable controls and memory mixing faders. Merger with AMS In the 1980s, there were concerns about Neve Electronics' financial situation. This was partly due to their ambitious