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.
MOS Technology
MOS Technology, Inc. was originally started in 1969 by Allen-Bradley to provide a second source for electronic calculators and their chips designed by Texas Instruments (TI). In the early 1970s TI decided to release their own line of calculators, instead of selling just the chips inside them, and introduced them at a price that was lower than the price of the chipset alone. Many early chip companies were wiped out in the aftermath; those that survived did so by finding other chips to produce. MOS became a supplier to Atari, producing a custom single-chip "Pong" system.