Crypto AG was established in Zug, Switzerland in 1952 by engineer and cryptology pioneer Boris Hagelin. He had envisioned a company based in neutral and autonomous Switzerland for the in-house production and sale of encryption equipment. His choice of Zug was well founded: even then, this region had a sterling reputation far beyond the Swiss borders as a location for high-precision mechanical engineering. The first machine entirely manufactured in Switzerland was the highly successful C-52 model. When the technology of encryption machines started shifting toward electronics, Boris Hagelin stepped back from his active role at the company but followed the progress and events at the company with great interest until his death. To this day, Crypto AG has played a leading role in the development of information security solutions.