The company was successor of the camera factory Guthe. Founded in 1919. In 1938 the Jewish owners moved to the USA, taking over a photocopying company from Charles A. Noble in exchange for the Kamera-Werkstätten. Nationalised in 1945. In 1952 it was renamed Kamera Werk Niedersedlitz. In the mid-fifties it was merged with the east german part of Zeiss Ikon to give VEB Kamera- und Kinowerke. In 1964 it became VEB Pentacon Dresden, while continuing the production of Praktica models. After reunification of Germany in 1990 John H. Noble got back the old factory in the Bismarckstrasse, now called Kamera Werk Dresden.