Texas Instruments
Texas Instruments was founded by Cecil H. Green, J. Erik Jonsson, Eugene McDermott, and Patrick E. Haggerty in 1951. McDermott was one of the original founders of Geophysical Service Inc. (GSI) in 1930. McDermott, Green, and Jonsson were GSI employees who purchased the company in 1941. In November, 1945, Patrick Haggerty was hired as general manager of the Laboratory and Manufacturing (L&M) division, which focused on electronic equipment. By 1951, the L&M division, with its defense contracts, was growing faster than GSI's Geophysical division. The company was reorganized and initially renamed General Instruments Inc. Because there already existed a firm named General Instrument, the company was renamed Texas Instruments that same year. From 1956 to 1961, Fred Agnich of Dallas, later a Republican member of the Texas House of Representatives, was the Texas Instruments president. Geophysical Service, Inc. became a subsidiary of Texas Instruments. Early in 1988 most of GSI was sold to the Halliburton Company.
Vannevar Bush
Bush accepted a job with Tufts, where he became involved with the American Radio and Research Corporation (AMRAD), which began broadcasting music from the campus on March 8, 1916. The station owner, Harold Power, hired him to run the company's laboratory, at a salary greater than that which Bush drew from Tufts. In 1917, following the United States' entry into World War I, he went to work with the National Research Council. He attempted to develop a means of detecting submarines by measuring the disturbance in the Earth's magnetic field. His device worked as designed, but only from a wooden ship; attempts to get it to work on a metal ship such as a destroyer failed.
Bush left Tufts in 1919, although he remained employed by AMRAD, and joined the Department of Electrical Engineering at Massachusetts Institute of Technology (MIT), where he worked under Dugald C. Jackson. In 1922, he collaborated with fellow MIT professor William H. Timbie on "Principles of Electrical Engineering", an introductory textbook. AMRAD's lucrative contracts from World War I had been cancelled, and Bush attempted to reverse the company's fortunes by developing a thermostatic switch invented by Al Spencer, an AMRAD technician, on his own time. AMRAD's management was not interested in the device, but had no objection to its sale. Bush found backing from Laurence K. Marshall and Richard S. Aldrich to create the Spencer Thermostat Company, which hired Bush as a consultant. The new company soon had revenues in excess of a million dollars. It merged with General Plate Company to form Metals & Controls Corporation in 1931, and with Texas Instruments in 1959. Texas Instruments sold it to Bain Capital in 2006, and it became a separate company again as Sensata Technologies in 2010.