Texas Instruments

Texas Instruments was founded in 1930 as Geophysical Service, Inc. On December 6th, 1941 GSI was purchased by Cecil Green, J. Erik Jonsson, Eugene McDermott, and Patrick Haggerty, four GSI employees. Prior to their purchase GSI provided seismic exploration services for oil companies. During World War II GSI built electronics for the U.S. Army and Navy. In 1951 the company changed its name to Texas Instruments. TI, as it is popularly referred to, has made numerous advancements in the electronics field, including the first transistor radio in 1954, the integrated circuit and hand-held calculator in 1967, the single-chip microcomputer in 1971, and along with Intel, invented the microprocessor in 1973. (www.wikipedia.org, www.businessweek.com, www.ti.com)

Texas Instruments continues to be a world leader in semiconductors and is also the leader in digital signal processors (DSPs). More than 50% of the wireless phones sold worldwide contain TI's DSPs; these DSPs are also found in DVD players, automotive systems, and computer modems. TI also has an educational technology division (ET) that makes handheld graphic calculators. The ET division may make up less than 10% of TI's revenues; however most of consumers' familiarity