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After drastic financial restructuring, the R&D departments of ASUAG and SSIH merged production operations at the ETA complex in Granges.The two companies completely merged forming ASUAG-SSIH, a holding company, in 1983.Omega's performances at these competitions garnered the company a reputation of precision and innovation.For more than a decade (1958 – 1969), Omega was the largest manufacturer of COSC chronometers.Switzerland's other watch making giant Allgemeine Schweizerische Uhrenindustrie AG (ASUAG - supplier of a large range of Swiss movements and watch assemblers) was in economic difficulty.It was the principal manufacturer of Ébauche (unfinished movements) and owner, through their sub-holding company General Watch Co (GWC), of various other Swiss watch brands including Longines, Rado, Certina, Hamilton Watch and Mido.The economic difficulties brought on by the First World War would lead him to work actively from 1925 toward the union of Omega and Tissot, then to their merger in 1930 into the group SSIH, Geneva.

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That was when Japanese watch manufacturers such as Seiko and Citizen rose to dominance due to their pioneering of quartz movement.) is a Swiss luxury watchmaker based in Biel/Bienne, Switzerland.Formally operating as the La Generale Watch Co, founded in 1848, later incorporating the name Omega in 1903.Britain's Royal Flying Corps chose Omega watches in 1917 as its official timekeepers for its combat units, as did the American Army in 1918.Omega watches were the choice of NASA and the first watch on the Moon in 1969.

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