Eugene McDermott
In 1951, McDermott, along with Cecil Howard Green, Patrick E. Haggerty, and J. Erik Jonsson co-founded Texas Instruments. This was done when the company changed its name to Texas Instruments; GSI becoming a wholly owned subsidiary of the new company. This acknowledged that the company had changed its focus from one primarily devoted to oil exploration to one focused on manufacturing. McDermott was the Chairman of TI from 1951-1957, Chairman of the Executive Committee of Board of Directors from 1957-1964 and Director until his death in 1973. During this period of time, Texas Instruments rose to be one of the world's largest corporations.
Texas Instruments
In addition to its microcontrollers, Texas Instruments also produces several multi-core processor lines. TI develops specific products that cater to a broad range of Digital Signal Processing applications, such as digital still cameras, cable modems, Voice over IP (VOIP), streaming media, speech compression and recognition, wireless LAN and gateway products (residential and central office), and RFID.TI’s remaining businesses consisting of DLP products (primarily used in projectors to create high-definition images), calculators and certain custom semiconductors known as application-specific integrated circuits (ASICs). These businesses, along with royalties, accounted for $1.9 billion of revenue in 2015.