Manufactured by Gebrüder Saacke, at Eutingen, to the east of Pforzheim in Germany during the early 1950s, the "Saacke" was unusual for a miniature precision lathe in being arranged as a "combination machine". In this respect it was rather like the (far less versatile) British Coronet "Ruby" lathe of a few years earlier in being adaptable, by being set vertically, to be used as a precision milling and drilling machine. With a centre height of 65mm and a capacity between centres of 220 mm, it was significantly heavier than the traditional 50 mm watchmakers' lathe, though its half-round bed, with a flat top and bevelled edges, was of the usual heavy Webster-Whitcombe pattern.
Fitted to a drill-like cast-iron bench foot, the machine was supplied as a complete centre lathe with a compound slide rest, flip-up toolrest and the (rather large) motor attached to the back of the headstock with drive to an overhung pulley on the end of the spindle. When set for milling, the compound slide was left in place and the top slide fitted with an angle bracket to which was attached a square table with two T-slots and a screw-driven feed to provide a movement on the Y axis. For drilling, the slide rest was removed and replaced by a casting that clamped around the bed and carried a round table with four radial T-slots - the supporting bracket being fitted with a rack-and-pinion drive to provide a vertical movement.
If you have a Saacke, the writer would be very interested to hear from you.