On December 6, 1941, McDermott along with three other GSI employees, J. In 1939, the company reorganized as Coronado Corp, an oil company with Geophysical Service Inc (GSI), now as a subsidiary. Clarence Karcher and Eugene McDermott founded Geophysical Service, an early provider of seismic exploration services to the petroleum industry. Patrick Haggerty, Texas Instruments Statement of Purpose Geophysical Service Incorporated

Texas Instruments exists to create, make, and market useful products and services to satisfy the needs of its customers throughout the world. Early in 1988, most of GSI was sold to the Halliburton Company. became a subsidiary of Texas Instruments.

From 1956 to 1961, Fred Agnich of Dallas, later a Republican member of the Texas House of Representatives, was the Texas Instruments president. Because a firm named General Instrument already existed, the company was renamed Texas Instruments that same year. The company was reorganized and initially renamed General Instruments Inc. By 1951, the L&M division, with its defense contracts, was growing faster than GSI's geophysical division. In November 1945, Patrick Haggerty was hired as general manager of the Laboratory and Manufacturing (L&M) division, which focused on electronic equipment. McDermott, Green, and Jonsson were GSI employees who purchased the company in 1941. McDermott was one of the original founders of Geophysical Service Inc. Erik Jonsson, Eugene McDermott, and Patrick E. Texas Instruments was founded by Cecil H. Įntrance to Texas Instruments North Campus facility in Dallas, Texas In the stock market, Texas Instruments is often regarded as an indicator for the semiconductor and electronics industry as a whole, since the company sells to more than 100,000 customers. After the acquisition of National Semiconductor in 2011, the company had a combined portfolio of 45,000 analog products and customer design tools. Its defense business was sold to Raytheon Company in 1997 this allowed TI to strengthen its focus on digital solutions. TI released the popular TI-81 calculator in 1990, which made it a leader in the graphing calculator industry. In 1987, TI invented the digital light processing device (also known as the DLP chip), which serves as the foundation for the company's DLP technology and DLP Cinema. TI also invented the hand-held calculator in 1967, and introduced the first single-chip microcontroller in 1970, which combined all the elements of computing onto one piece of silicon. Jack Kilby invented the integrated circuit in 1958 while working at TI's Central Research Labs. TI produced the world's first commercial silicon transistor in 1954, and the same year designed and manufactured the first transistor radio. Texas Instruments emerged in 1951 after a reorganization of Geophysical Service Incorporated, a company founded in 1930 that manufactured equipment for use in the seismic industry, as well as defense electronics. The company holds 45,000 patents worldwide as of 2016. TI also produces TI digital light processing technology and education technology products including calculators, microcontrollers, and multi-core processors. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. It is one of the top 10 semiconductor companies worldwide based on sales volume. Texas Instruments Incorporated ( TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally.

Handheld financial calculators