The Texas Instruments we know today represents a significant transformation from the seismic exploration company formed in 1930. Originally named Geophysical Service Inc., the company was purchased in 1941 by four of the managers and began manufacturing and supplying defense systems to the US Navy. In 1951, the organization changed its name to Texas Instruments as it ventured into the Semiconductor business. According to an article on www.inventors.com, Jack Kilby, an employee at Texas Instruments, forever changed the world when he invented the integrated circuit. In doing so, he ultimately created a global market with a value of about $1 trillion per year. After accepting the Nobel Prize in 2000, Kilby said, “It reminds me of what the beaver told the rabbit as they stood at the base of Hoover Dam. ‘No, I didn’t build it myself, but it’s based on an idea of mine.’”

Today, Texas Instruments is headquartered in Dallas, Texas and operates in more than 25 countries.......

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Title: Texas Instruments
Approximate Word Count: 3333
Approximate Pages: 14 (250 words per double-spaced page)

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