15 May
2001
15 May
'01
8:31 a.m.
On Tue, 15 May 2001, Gene Ehrich wrote:
At 12:05 PM 5/15/01 -0500, you wrote:
"May 16.[1930] Founded as "Geophysical Service," first independent
contractor specializing in reflection seismograph method of
exploration. Founders J. Clarence "Doc" Karcher and Eugene
McDermott. Cecil Green and Erik Jonsson among first employess. Estimated
revenues $300,000."
The name was changed to Texas Instruments Incorporated in 1951, by which
time the company was heavily into electronics. Geophysical Services became
a wholly-owned subsidiary.
IBM willingly funding competitors? (TI did build one big computer, the
ASC) Not likely. They did have to give up IP claims to Control
Data. Don't recall offhand if any money changed hands there. That case has
been discussed here before though. It should be in the archives.
jbdigriz
As a former employee of TI, I'm familiar with
the history.
Didn't the beginnings of TI have something to do with funding from IBM as a
result of government anti-trust action against IBM?