Yale is one of the worlds oldest lock manufacturers, owned by Assa Abloy. Over its long history, Yale has received patents for dozens of its products and the company has distributed its product to more than 120 markets, including Australia, Greece, India, Kuwait and etc. Yales headquarters are located in Stockholm. In 1868, the business was founded in Stamford, Connecticut by Linus Yale, Jr., an investor of the pin tumbler lock, and Henry R. Towne. The founding name of the corporation was Yale Lock Manufacturing Co. and later the name was changed to Yale & Towne.