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.
Atec, Inc.
Atec was founded in 1953 as Accurate Instrument Co. and was officially incorporated in the state of Texas on July 13, 1956. Accurate Instrument Co. primarily manufactured instrumentation for the aviation industry. Some notable products included a standard day instrument (used to provide automated correlations to standard sea level atmospheric conditions), signal generators, frequency counters, oscillators, and pressure test sets.