Bang & Olufsen was founded in 1925 when Peter Bang (1900-57) and Svend Olufsen (1897-1949) started making radios in the attic of the Olufsen family home. Bang experimented with Bakelite and in 1938 introduced the compact Beolit 39 which was much smaller than other contemporary radio furniture, and the first product made entirely from Bakelite. It was an instant success, and the Beolit name is still applied to Bang & Olufsen’s modern designs.