Founded in 1872, the company is best known for "smart" (computerized) sewing machines and sergers under the brands Husqvarna Viking and Pfaff. The VSM brand produces several lines of sewing machines, the top being the Designer series and the lowest being the mechanical (non-computerized) Huskystars. The sewing machines change every year or so as the experts create upgrades. In February 2006 VSM Group was bought by Kohlberg & Co., who already owned the brand Singer. Singer and VSM Group have been merged into a company named SVP Worldwide, with headquarters in Hamilton, Bermuda, where the initials are reflecting the brands Singer, Viking and Pfaff.