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.
Pioneer Instrument Company
The Pioneer Instrument Company was started by Morris Maxey Titterington and Brice Herbert Goldsborough in Brooklyn, New York in 1919. Charles Herbert Colvin was the president. They specialized in aeronautical instruments including a bubble sextant and the Earth Inductor Compass. The company later acquired control of Brandis & Sons, Inc., in 1922, and Pioneer was later acquired by the Bendix Aviation Corporation in 1928. As the United States was entering World War II, the company became the Pioneer Instrument Division of Bendix Aviation, and moved to New Jersey. By 1943 it had become the Eclipse-Pioneer Division of Bendix Aviation.