Texas Instruments
In 1930, J. Clarence Karcher and Eugene McDermott founded Geophysical Service, an early provider of seismic exploration services to the petroleum industry. In 1939, the company reorganized as Coronado Corp., an oil company with Geophysical Service Inc (GSI), now as a subsidiary. On December 6, 1941, McDermott along with three other GSI employees, J. Erik Jonsson, Cecil H. Green, and H.B. Peacock purchased GSI. During World War II, GSI expanded their services to include electronics for the U.S. Army, Signal Corps, and the U.S. Navy. In 1951, the company changed its name to Texas Instruments, with GSI becoming a wholly owned subsidiary of the new company.
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.