Key TI Events
1930
• John
Karcher, Eugene McDermott resign from Amerada Petroleum Corp.
• Karcher,
McDermott leave secure jobs, stake careers on new technology
• Reflection
seismography employs signal processing in search for oil
• May
16: Firm incorporated as Geophysical Service, informally known
as GSI
• GSI
first independent firm specializing in reflection seismograph
method
• Future
leaders H. Bates Peacock, Erik Jonsson and Cecil Green join
GSI
1938
• GSI
begins effort to separate oil interests from geophysical exploration
• Dec.
23 - Incorporated in Delaware as Geophysical Service Inc. (GSI)
1939
• Name
changes to Coronado Corporation
• GSI
becomes subsidiary with McDermott as president
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1941
• Dec.
6 - McDermott, Jonsson, Green and Peacock purchase GSI
• Stanolind
Oil & Gas Co. (later known as Amoco) buys Coronado Corporation
1945
• Pat
Haggerty, future TI president, hired
1946
• Laboratory
& Manufacturing unit formed to focus on electronic equipment
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1951
• Name
changed to Texas Instruments Incorporated; GSI becomes subsidiary
• McDermott
named chairman; Jonsson named president; Green heads GSI unit
• Patrick
Haggerty named executive vice president, director
1952
• TI
enters semiconductor business with purchase of transistor license
1953
• First
public Annual Report issued
• Oct.
1 – TI lists on NYSE via merger with Intercontinental
Rubber Co.
• Central
Research Laboratories (CRL) established
• To
diversify, TI buys Engineering Supply Company, Houston Technical
Labs
1955
• TI
introduces first commercial product, the recti/riter
recorder
• Purchase
completed of 300-acre Expressway Site
• TI
Limited (UK) incorporated
1957
• Production
begins in Bedford, UK – first non-U.S. semiconductor plant
• TI
enters Italy market with establishment of TI Italia S.p.A.
1958
• Jonsson
named chairman; Haggerty named president
• Semiconductor
(SC) Building dedicated on Dallas Expressway site
• Jack
Kilby invents integrated circuit
1959
• TI
merges with Metals & Controls Corp., based in Attleboro,
Mass.
• Merger
adds sites in Holland, France, Italy, Mexico, Argentina, Australia
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1960
• TI
France incorporated
1961
• TI
Deutschland incorporated
• Mark
Shepherd, Jr. named executive vice president
• First
Ethics in the Business of TI booklet printed
1962
• Operations
in Brazil established as TI Electronicos de Brasil Limitada
• TI
Mexico incorporated
1963
• Construction
began of assembly and test facility outside Nice, France
• Nov.
27 - Board approves first stock split, five shares for four
1964
• TI
Canada incorporated
• Product-Customer
Centers (PCCs) number 43 in five divisions
1965
• Sherman,
Tex., site purchased
• Friesing
site purchased in Bavaria, Germany
1966
• April
29 – Board approves 2-for-1 stock split
• First
mention of “software” in annual report
1967
• Haggerty
named chairman; Shepherd named president
• Business
groups organized: Components, Equipment, Materials & Services
1968
• TI
Japan Limited incorporated
• TI
Singapore (Pte) Limited incorporated
1969
• TI
Taiwan Limited incorporated
• Kilby
awarded National Medal of Science
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1972
• TI
Malaysia Sdn. Bhd. incorporated
1973
• Operations
in Portugal established as TI Equipamento Electronico Lda.
• April
30 – Board approves 2-for-1 stock split
• TI
Founder Eugene McDermott dies
1974
• TI
Belgium incorporated
• IDEA
program established to fund and test new projects
1975
• Kilby
receives V.K. Zworykin Award, National Academy of Engineering
1976
• Shepherd
named chairman; Fred Bucy named president
1977
• TI
Europe Marketing Division established
1978
• TI
Asia/Pacific Marketing Division established
1979
• TI
Philippines incorporated
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1980
• TI
celebrates 50th anniversary
• TI
Founder Pat Haggerty dies
1981
• Corporate
quality director appointed: start of Total Quality Movement
1982
• Jack
Kilby inducted into National Inventor’s Hall of Fame
1985
• TI
India (Private) Limited incorporated
• Jerry
Junkins named president and CEO
1986
• Jack
Kilby receives IEEE Medal of Honor
1987
• May
15 – Board approves 3-for-1 stock split
• Acquisition:
-
Control & Industrial Systems units of Rexnord Automation
1988
• TI
Korea Ltd. incorporated
• Junkins
named chairman, president & CEO
• TI
lists on stock exchanges in London and Switzerland
• Divestiture
-
60% interest in GSI
1989
• Defense
Systems & Electronics Group pursues Malcolm Baldrige Award
• Information
Technology Group established to focus on software strategy
• Joint
venture formed with Acer for semiconductor production in Taiwan
• TI
lists on Tokyo stock exchange
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1990
• TI
wins First Taiwan National Quality Award
• Joint
venture formed with Kobe Steel for semiconductor production
in Japan
• Jack
Kilby receives National Medal of Technology
• Divestiture:
-
SC Photomask
• Advanced
wafer fab opened in Avezzano, Italy
1991
• TI
Limited (UK) wins Perkins Award for total quality
• TI
Singapore wins National Quality Control Circle Award
• Joint
venture formed with HP, Canon, Singapore group for SC production
• R&D
Center opened in Tsukuba, Japan
• Acquisition:
-
James Martin Associates
• Divestiture:
-
Industrial Controls
-
GSI completed
• Digital
Imaging Venture formed to market digital light processing
(DLP)
1992
• Defense
Systems & Electronics Group wins Malcolm Baldrige Award
• Materials
& Controls Group wins Canada’s total quality award
• TI
wins first Portugal National Quality Award
• Divestiture:
-
UNIX business
-
Minicomputer business
-
Industrial Systems
1993
• TI
wins first Bavarian Quality Award
• Office
of Chairman created with Junkins as chairman, president &
CEO
• Bill
Mitchell and Pat Weber named as vice chairmen
• Jack
Kilby wins Kyoto Prize in Advanced Technology
1995
• TI
founder Erik Jonsson dies
• TI
goes live on the Web at www.ti.com
• Divestiture:
-
FPGA product line
1996
• Worldwide
venture capital fund created as TI Ventures
• Jerry
Junkins, president, chairman & CEO, dies
• Tom
Engibous named president & CEO; Jim Adams named chairman
• Divestiture:
-
Printer business
-
Custom Mfg.
• Acquisition
-
Tartan, Inc.
-
Silicon Systems, Inc.
1997
• Texas
Governor honors TI-Dallas operations for environmental excellence
• Divestiture:
-
Defense business
-
Mobile Computing assets
-
Chemical Operations
-
Software business
-
Multipoint Systems
-
Telecommuni-cations Systems
-
Inspection Equipment
-
Bedford Power IC business
-
Mold Mfg. business
-
Texins Credit Union
• Acquisition:
-
Intersect Technologies
-
Amati Communications
-
GO DSP
-
Oasix & Arisix
1998
• TI
celebrates 40th anniversary of the integrated circuit
• Engibous
named chairman, president & CEO
• Divestiture:
-
SC Memory business
-
TI share of TI-Acer
-
Sensors & Controls wire products
-
WORKS product
-
Toll tag business
-
Aversa plant
• Acquisition:
-
Spectron Microsystems
-
Harris logic product line
-
Adaptec storage product group
1999
• TI
China incorporated
• TI
Denmark incorporated
• TI
Israel incorporated
• Highest
profit sharing in the history of the company achieved
• Floyd
Road renamed TI Boulevard; memorial dedicated to Floyd family
• Divestiture:
-
Sensors & Controls military connectors
-
Sensors & Controls credit union
-
Attleboro lead-frame business
• Acquisition:
-
Integrated Sensor Solutions for Sensors & Controls
-
Butterfly VLSI
-
Telogy Networks
-
ATL Research A/S
-
Libit Signal Processing
-
Unitrode
-
Power Trends
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2000
• Jack
Kilby awarded Nobel Prize in physics
• Acquisition:
-
Toccata Technology
-
Alantro Communications
-
Dot Wireless
-
Burr-Brown
-
Design team, Phoenix VLSI
• Divestiture:
-
Sensors & Controls Materials unit
2001
• Acquisition:
-
Graychip
2002
• Acquisition:
-
Ditech echo-cancellation software unit
-
Condat AG
-
Envoy Networks
2003
• Site
of TI's second 300mm wafer fab announced: Richardson, Tex.
• TI
celebrates 50 years on NYSE
• TI
Founder Cecil Green dies
• Acquisition:
-
Radia Communications
2004
• Rich
Templeton named President and CEO
• Construction
begins on new 300mm wafer fab in Richardson, Tex.
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