ITT Inc. , formerly ITT Corporation , is an American worldwide manufacturing company based in Stamford, Connecticut . The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies.
64-497: Former French telecommunications company This article is about the original company in existence from 1970 to 2006. For its present-day successors and other uses of the name, see Alcatel (disambiguation) . [REDACTED] You can help expand this article with text translated from the corresponding article in French . Click [show] for important translation instructions. View
128-688: A 1946 banking investigation report by the Office of Military Government, United States. In 1943, ITT became the largest shareholder of Focke-Wulf Flugzeugbau GmbH with 29%, and remained so for the duration of the war. This was due to Kaffee HAG 's share falling to 27% after the death in May of Kaffee HAG chief Dr. Ludwig Roselius . OMGUS documents reveal that the role of the HAG conglomerate could not be determined during WWII. In 1951, ITT purchased Philo Farnsworth 's television company to break into that market. At
192-485: A 50% stake in Atlinks, and sells its optical business to Avanex. 2004 – Alcatel acquires eDial Inc. Alcatel and TCL form a joint venture: Alcatel Mobile Phones , with Alcatel holding a 45% stake. Alcatel and Draka Holdings form a joint venture: Draka Comteq B.V. with Alcatel holding a 49.9 stake. Alcatel finalizes its acquisition of Spatial Wireless but sells 7.1M shares of Avanex. 2005 – Alcatel sells its 45% stake of
256-680: A Netherlands company in which ITT retains a 37% stake. A majority stake in Cables de Lyon becomes a subsidiary of Alcatel N.V. Pierre Suard becomes CGE chairman. 1987 – CGE is privatized. Alsthom wins the contract for TGV Atlantique for the Northern TGV network. 1989 – CGE and the British General Electric Company form GEC Alsthom , which allows Alsthom to sell its products outside France. CGEE-Alsthom becomes Cegelec . AT&T Technologies reorganizes with
320-471: A contract to ITT Avionics for production of an Airborne Self-Protection Jammer (ASPJ), and a similar contract was issued to Westinghouse Electric Corporation . Westinghouse and ITT had worked together with the U S Government to develop the ASPJ. The contract was later terminated by the government for convenience because the ASPJ failed independent operational test and evaluation (OPEVAL) procedures. In 1991,
384-490: A former manufacturer of vacuum pumps Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Alcatel . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Alcatel_(disambiguation)&oldid=1220555515 " Category : Disambiguation pages Hidden categories: Short description
448-487: A machine-translated version of the French article. Machine translation, like DeepL or Google Translate , is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Misplaced Pages. Consider adding a topic to this template: there are already 1,639 articles in
512-481: A privately held leading producer of energy-efficient circulator pumps primarily used in residential and commercial plumbing and heating, ventilating and air conditioning (HVAC) systems . On January 12, 2011, ITT announced a transformation to separate the remaining company into three publicly traded independent companies. On July 14, 2011, ITT announced the names of the three companies: Then-ITT stockholders subsequently owned shares in all three companies following
576-947: A reported $ 90 million. In 1972 the KONI Group, manufacturer of shock absorbers was added to the list of ITT's acquisitions. International telecommunications manufacturing subsidiaries included Standard Telephones and Cables in the United Kingdom and Australia, Indosat in Indonesia, Standard Elektrik Lorenz (today part of Nokia Germany) and Intermetall Gesellschaft für Metallurgie und Elektronik mbH (acquired from Clevite in 1965; now TDK-Micronas) in Germany, BTM in Belgium, and CGCT and LMT in France. These companies manufactured equipment according to ITT designs including
640-487: A spinoff of ITT as ITT Industries, Inc. It later changed its name to ITT Corporation in 2006. In 2011, ITT spun off its defense businesses into a company named Exelis (now part of L3Harris Technologies ), and its water technology business into a company named Xylem Inc. ITT Corporation changed its name to ITT Inc. in 2016. The brothers Hernan Behn and Colonel Sosthenes Behn formed International Telephone & Telegraph (ITT) in 1920. The brothers had acquired
704-451: A subsidiary of CIT. Alcatel [ edit ] 1970 – Alcatel is created by merging CIT and ENTE, a department of the SACM (Société Alsacienne de Constructions Mécaniques). 1970 – Ambroise Roux becomes CGE's chairman. He later becomes the honorary chairman until his death in 1999. 1977 – Alcatel's first PBX is created, with digital control. 1980 – The Minitel videotex service
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#1732780778563768-588: A subsidiary of Compagnie Générale d'Electricité (CGE), resulting in the establishment of Alcatel N.V. (Netherlands) in 1986. This transaction positioned Alcatel N.V. as the world's second-largest telecommunications company at that time. Initially, ITT retained a 37% ownership stake, but in March 1992, it proceeded to sell off its remaining 30%, effectively ceasing its participation in the telephone industry. In 2006, Alcatel Alsthom S.A. acquired with Lucent to form Alcatel-Lucent . ITT Educational Services, Inc. (ESI)
832-680: Is Content in this edit is translated from the existing French Misplaced Pages article at [[:fr:Alcatel]]; see its history for attribution. You may also add the template {{Translated|fr|Alcatel}} to the talk page . For more guidance, see Misplaced Pages:Translation . Alcatel [REDACTED] Logo from 1987 until 2006. Industry Telecommunications Founded 1970 ; 54 years ago ( 1970 ) Defunct December 1, 2006 ; 17 years ago ( 2006-12-01 ) Fate Acquired By And Merged With Lucent , Formed Alcatel-Lucent Successor Alcatel-Lucent Website alcatel.com at
896-574: Is created. (Société Alsacienne et Lorraine de Télécommunication et d'Electronique) to enable sales expansion. 1952 – In the United States, ITT Corporation buys a controlling interest in Kellogg Switchboard and Supply Company and rebrands its products to ITT Kellogg. 1954 – TELIC acquires COFRATEL (Compagnie Française du Téléphone). 1960 – TELIC delivers the complex Crossbar technology. 1965 – CGE acquires TELIC, becoming
960-456: Is different from Wikidata All article disambiguation pages All disambiguation pages ITT Corporation ITT has over 10,000 employees in more than 35 countries and serves customers in well over 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph . During
1024-452: Is different from Wikidata Articles needing translation from French Misplaced Pages Webarchive template wayback links Alcatel (disambiguation) Alcatel was a French telecommunications company. It can also refer to: Alcatel-Lucent , formed in 2006 by the merger of Alcatel and Lucent Alcatel Mobile , a brand of mobile phones, tablets and wearables Alcatel Vacuum Technology ,
1088-413: Is formed" (PDF) . Archived from the original (PDF) on 2013-04-30. ^ Cohen, Roger (1992-03-04). "COMPANY NEWS; ITT Accepts $ 3.6 Billion Alcatel Sale" . The New York Times . ISSN 0362-4331 . Retrieved 2024-05-14 . ^ "Cables dy Lyon subsidiary of Alcatel" . ^ "CGE privatized" . ^ "Alcatel-Lucent Company History" . Archived from
1152-503: Is launched. 1982 – Jean-Pierre Brunet becomes CGE's chairman. 1984 – Georges Pebereau becomes CGE's chairman. Thompson telecommunications is absorbed by CGE. Cables de Lyon buys Thompson Jeumont Cables and Kabelmetal. 1985 – Alsthom Atlantique becomes Alsthom. Alcatel is formed when CIT-Alcatel and Thompson's telecommunications unit merge. 1986 – ITT Corporation sells its international telecommunications and cable business (including ITT Kellogg ) to Alsthom, creating Alcatel N.V.,
1216-730: The Alcatel Mobile Phones venture back to TCL . Notes [ edit ] ^ The company Alcatel was founded in 1970, but companies that merged into it were founded as early as 1898 References [ edit ] ^ Bajaj, Vikas (2006-04-02). "Alcatel and Lucent Agree to Merge in $ 13.4 Billion Deal" . The New York Times . ISSN 0362-4331 . Retrieved 2024-04-19 . ^ "ASN-History" . Retrieved 3 September 2016 . ^ "Kellogg Switchboard & Supply Co" . Encyclopedia of Chicago . Retrieved 2024-05-14 . ^ "Thomson part of CGE" . ^ "Alcatel
1280-790: The Bell Telephone Manufacturing Company (BTM) of Antwerp, Belgium, which manufactured rotary system switching-equipment, and the British International Western Electric , which was renamed Standard Telephones and Cables (STC). Compagnie Générale d'Electricité later purchased BTM; Nortel later purchased STC. In the 1930s, ITT purchased German electronic companies Standard Elektrizitäts-Gesellschaft (SEG) and Mix & Genest (both of which were internationally active companies) and Romanian telecommunications monopoly Societatea Anonima Română de Telefoane . Its only serious rival
1344-618: The Federal Telegraph Company . On August 3, 1933, Adolf Hitler received Sosthenes Behn (then the CEO of ITT) and his German representative, Henry Mann, in one of his first meetings with US businessmen . In his book Wall Street and the Rise of Hitler , Antony C. Sutton claims that ITT subsidiaries made cash payments to SS -leader Heinrich Himmler . ITT, through its subsidiary C. Lorenz AG , owned 25% of Focke-Wulf ,
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#17327807785631408-537: The ITT Schaub-Lorenz brand, such as Touring radio receivers and Ideal Color television sets employing Heliochrom picture tubes. Some television models feature the Ideal-Computer cartridge system, featuring a slot suitable for housing an ultrasonic remote control (acting as front panel buttons while docked), a teletext decoder, or Tele-Match video game dedicated consoles (unrelated to
1472-603: The People's Republic of China , and the United Kingdom . They were fined US$ 100 million although they were also given the option of spending half of that sum on research and development of new night vision technology. The United States government will assume rights to the resulting intellectual property. In its investigation and subsequent ruling, the United States Department of Justice found that
1536-829: The Puerto Rico Telephone Company in 1914, along with the Cuban-American Telephone and Telegraph Company and a half-interest in the Cuban Telephone Company. ITT's first major expansion came in 1923, when it consolidated operators in the telecoms market in Spain into what eventually became Telefónica . From 1922 to 1925, ITT purchased a number of European telephone companies. In 1925, ITT purchased several companies from Western Electric , as Bell had agreed to "divest" itself of its international operations. They included
1600-834: The Sheraton hotel chain, Wonder Bread maker Continental Baking , Rayonier , and Avis Rent-a-Car . ITT also absorbed smaller operations in auto parts, energy, books, semiconductors, and cosmetics. In 1966, ITT acquired Educational Services, Inc., an operator of for-profit schools , which became ITT/ESI . When ITT attempted to acquire The Hartford insurance company in 1970, the US Justice Department filed suit, and ITT agreed to divest assets equal to those of Hartford's, including Avis. ITT's sales grew from about $ 700 million in 1960 to about $ 8 billion in 1970, and its profit from $ 29 million to $ 550 million. However, when increased interest rates started eating away at profits in
1664-585: The Shingo Prize for Excellence in Manufacturing at the Richardson, Texas , Longview, Texas , Raleigh, North Carolina , Clinton, North Carolina , and Nogales, Mexico locations. 1995 – Serge Tchuruk is appointed chairman and CEO of Alcatel Alsthom. He restructures the company to focus on telecommunications equipment. 1997 – Alcatel Telecom receives IndustryWeek 's Best Plants award for
1728-557: The Wayback Machine (archived 2000-12-14) [REDACTED] Companies which merged into Alcatel Alcatel SA was a French telecommunications company. In 2006, it acquired Lucent Technologies and formed Alcatel-Lucent . History [ edit ] Predecessors [ edit ] 1898 – French engineer Pierre Azaria sets up the Compagnie Générale d'Électricité (CGE). 1919 – Aaron Weil creates
1792-438: The main category , and specifying |topic= will aid in categorization. Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article. You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary
1856-634: The "ITT Telematch Processor" console, a rebrand of the Fairchild Channel F ); the Ideal-Computer system was licensed to other German producers of its time. ITT Schaub-Lorenz was also behind the Digivision , the first television employing digital signal processing of the image. For a comparable time span, ITT had also controlled and then fully absorbed English radio and television manufacturer Kolster-Brandes . In 1986 throughout
1920-506: The "Téléphone privé" (Private telephone) 1925 – CGE becomes part of Compagnie Générale des Câbles de Lyon. Bell Telephone Laboratories is created. 1927 – The company is growing, and takes the name of "Téléphonie Industrielle et Commerciale" (TELIC) 1928 – Alsthom is formed by Société Alsacienne de Constructions Mécaniques and Compagnie Française Thomson-Houston. 1946 – The CIT is created (Compagnie Industrielle de Téléphone) with CGE (Compagnie Generale d'Electricité) 1947 – ALSATEL
1984-642: The (1960s) Pentaconta crossbar switch and (1970s) Metaconta D, L and 10c Stored Program Control exchanges , mostly for sale to their respective national telephone administrations. This equipment was also produced under license in Poznań (Poland), and in Yugoslavia and elsewhere. ITT was the largest owner of the LM Ericsson company in Sweden, but sold out in 1960. Alec Reeves , an ITT employee in France in
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2048-512: The 1930s, developed pulse-code modulation (PCM) innovations, upon which future digital voice-communication was based. Charles K. Kao , working at STC in the UK, pioneered the use of optical fiber from 1966, for which he was awarded the 2009 Nobel Prize in Physics . In 1959, Harold Geneen became CEO. Using leveraged buyouts , he turned the minor acquisitions of the 1950s into major growth during
2112-405: The 1960s and 1970s, under the leadership of CEO Harold Geneen , the company rose to prominence as the archetypal conglomerate , deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including Sheraton Hotels and Resorts . In 1996, the current company was founded as
2176-525: The 1960s. In 1965, ITT attempted to purchase the ABC television network for $ 700 million. The deal was halted by federal antitrust regulators who feared ITT was growing too large. In order to continue growing while not running afoul of antitrust legislation, it moved to acquire companies outside of the telecommunications industry. Under Geneen, ITT bought over 300 companies in the 1960s, including some hostile takeovers . The deals included well-known businesses like
2240-929: The DSL modem business to Thomson Multimedia and acquires Newbridge , Genesys and Innovative Fibers. Alcatel spins off its cable unit into Nexans . 2001 – Alcatel sells its stake in Alstom . Alcatel buys back its Alcatel Space investment from Thales, and reduces its stake in Thales to 20.03%. Alcatel sells its 2.2% stake in Areva . 2002 – Alcatel acquires Astral Point Communications Inc., Telera Corporation, and control of Alcatel Shanghai Bell. Alcatel sells its microelectronic business to STMicroelectronics , its stake in Thomson, 10.3M shares of Thales, and 1.5M shares of Nexans. 2003 – Alcatel acquires iMagicTV, and TiMetra Inc. It sells
2304-978: The German aircraft-manufacturer, builder of some of the most successful Luftwaffe fighter-aircraft. In the 1960s, ITT Corporation won $ 27 million in compensation for damage inflicted on its share of the Focke-Wulf plant by Allied bombing during World War II . In addition, Sutton's book uncovers that ITT owned shares of Signalbau AG, Dr. Erich F. Huth (Signalbau Huth), which produced for the German Wehrmacht radar equipment and transceivers in Berlin , Hanover (later Telefunken factory), and other places. While ITT - Focke-Wulf planes were bombing Allied ships and ITT lines were passing information to German submarines, ITT direction-finders were saving other ships from torpedoes. The payments to Himmler were noted in
2368-675: The Raleigh, North Carolina, USA plant under Alcatel Network Systems. 1998 – Alcatel and Alsthom split. Alsthom GEC becomes Alstom through an IPO (with Alcatel retaining 24%). Alcatel sells Cegelec to the newly formed Alstom. Alcatel acquires DSC Communications for $ 4.4 billion as well as Packet Engines. 1999 – Alcatel acquires Xylan, Assured Access and Internet Devices. Alcatel increases its stake in Thomson CSF to 25.3% and decreases its stake in Framatome to 8.6%. 2000 – Alcatel sells
2432-533: The board for four more years. Araskog over the next two decades dismantled much of ITT, selling most of its holdings. Starting in 1977, ITT set out to develop an ambitious new Digital Telephone Exchange , System 1240 (later System 12 ), which reportedly cost US$ 1 billion. According to Fortune in 1985, Araskog directed the company's efforts towards a relentless pursuit of developing and promoting System 12, while channeling profits from successful ventures into fulfilling System 12's voracious demands. System 12
2496-626: The break-in, as well as by testimony by E. Howard Hunt . However, this theory has also been disputed by others involved in the break-in such as G. Gordon Liddy . In 1970, ITT owned 70% of CTC (the Chilean Telephone Company, now Movistar Chile) and funded El Mercurio , a Chilean right-wing newspaper. ITT also had some $ 200 million-worth of investments in Chile . Under Geneen's leadership, ITT funneled $ 350,000 to Allende 's opponent, Jorge Alessandri . When Allende won
2560-825: The case but ultimately concluded there was no evidence of criminal conduct by ITT. Nixon aides such as John Dean and Jeb Stuart Magruder have alleged that the Watergate break-in was motivated by the Committee for the Re-Election of the President 's suspicion that the Democratic National Committee was making similar deals to fund its 1972 convention . This theory is supported by conversations and exchanges between President Richard Nixon and his chief of staff H. R. Haldeman before and after
2624-854: The company won a $ 19.6 million contract from the United States Air Force to develop the "intraflight data link", a communications system for "tactical airborne forces". In 2004, they were awarded a $ 24.9 million contract from the Naval Air Systems Command Weapons Division for engineering software support services provided to the Tactical Aircraft Electronic Warfare Integrated Program Team at Point Mugu, California and China Lake, California . Through their then subsidiary Schaub Elektrik Lorenz , ITT manufactured consumer products under
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2688-553: The convention and the favorable settlement of a United States Department of Justice Antitrust Division lawsuit. The resulting scandal, including a Senate investigation and the threat of criminal charges, caused ITT to withdraw its support for the San Diego convention. That combined with a shortage of hotel space and problems with the proposed venue led the RNC to move the convention to Miami. Special prosecutor Leon Jaworski investigated
2752-530: The convention in San Diego ; only $ 100,000 of the contribution was publicly disclosed. The Republican National Committee selected San Diego as the site in July 1971. However, on February 29, 1972, newspaper columnist Jack Anderson disclosed an interoffice memo from ITT lobbyist Dita Beard to ITT vice president Bill Merriam, dated June 25, 1971. The memo appeared to draw a connection between ITT's contribution to
2816-434: The corporation went to significant lengths to circumvent rules regarding the exports, including setting up a front company . According to U.S. Attorney John L. Brownlee , the company fought the investigation in order "to essentially run out the clock on the statute of limitations." An agreement was reached on June 26, 2007 for ITT to acquire the privately held International Motion Control (IMC) for $ 395 million. The deal
2880-500: The coup d'état. In March 1977, Lyman C. Hamilton was appointed CEO, and Geneen became chairman of the board. In June 1979, while Hamilton was in Asia, Geneen became aware of Hamilton's plans to divest ITT's European consumer goods business, and lobbied his fellow board members to dismiss Hamilton. In July 1979, Rand Araskog became CEO. Shortly thereafter, Araskog insisted that the board remove Geneen as Chairman, though Geneen remained on
2944-704: The following business units: Network Systems, Global Business Communications, Microelectronics and Consumer Products. 1991 – CGE changes its name to Alcatel Alsthom and acquires Rockwell Technologies transmission equipment division. Cables de Lyons is renamed Alcatel Cable and takes over AEG Kabel. 1991 – Alcatel acquires Telettra , an Italian telecommunication systems company. 1992 – Alcatel Alsthom acquires AEG Kabel. ITT Corporation sells its remaining stake in Alcatel N.V. for around $ 3.6 billion. 1993 – Alcatel Alsthom acquires STC Submarine Systems from Nortel Networks . 1994 – Alcatel Networks Systems received
3008-516: The helm, ITT split into three separate public companies: In March 2007, ITT Corporation became the first major defense contractor to be convicted for criminal violations of the U.S. Arms Export Control Act . The fines resulted from ITT's outsourcing program, in which they transferred night vision goggles and classified information about countermeasures against laser weapons , including light interference filters, to engineers in Singapore ,
3072-556: The late 1960s, ITT's growth slowed considerably. In the late 1960s, the British electronics manufacturer Kolster-Brandes Limited , KB for short, had run into trouble with its color television manufacturing, and turned to ITT for help; ITT bought out the company, and for a while, UK products were badged "ITT KB" then eventually just ITT. By the late 1970s, ITT had a good presence on the UK domestic electrical market in television, audio and portable radio products. In February 1962, during
3136-584: The name again changed to ITT Telecommunications , eventually reverting to ITT Kellogg . One prominent subsidiary of this was the American Cable and Radio Corporation , which operated the transatlantic cables of the Commercial Cable Company , among other ventures. It bought Philadelphia -based heating and air-conditioning manufacturer John J. Nesbitt Inc. In 1968, the company purchased Levittown homebuilder Levitt & Sons for
3200-480: The new system took longer than expected to integrate, with further losses. Against the advice of headquarters, ITT Telecommunications ( ITT Kellogg ) in Raleigh, North Carolina undertook the conversion in the US market, and although sales were announced in 1984 and 1985, the attempt ultimately failed, in early 1986. ITT divested its global telecommunications product ventures, such as ITT Kellogg , to Alcatel Alsthom ,
3264-1032: The original on 19 April 2015 . Retrieved 15 March 2012 . ^ "Draka Press Release" (PDF) . May 17, 2004. ^ "TCL Unit to Buy 45% Stake of Mobile-Phone Venture From Alcatel" . Bloomberg . 2005-05-16. External links [ edit ] Official website at the Wayback Machine (archived 2000-12-14) Retrieved from " https://en.wikipedia.org/w/index.php?title=Alcatel&oldid=1259958450 " Categories : French companies established in 1970 2006 mergers and acquisitions Telecommunications companies of France Telecommunications companies established in 1970 Telecommunications companies disestablished in 2006 French companies disestablished in 2006 Hidden categories: All articles with dead external links Articles with dead external links from June 2017 Articles with permanently dead external links Articles with dead external links from January 2018 Articles with short description Short description
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#17327807785633328-492: The original on 2013-11-05. ^ "New York Times coverage of Rockwell unit sale" . The New York Times . 1991-07-13. ^ "CGE acquires Rockwell" . ^ "Alcatel Networks Systems; Richardson, TX, Longview, TX, Raleigh, NC, Clinton, NC, & Nogales, Mexico – United States – Shingo Prize for Excellence in Manufacturing – 1994" . www.bpir.com . Best Practice . Retrieved 4 January 2024 . ^ "Alcatel and Lucent Talks" . Archived from
3392-494: The original on 21 August 2012 . Retrieved 15 March 2012 . ^ "IndustryWeek's Best Plants Award Winners, 1990–2022" . www.industryweek.com . IndustrialWeek . Retrieved 8 January 2024 . ^ Schiesel, Seth (1998-06-05). "Alcatel acquires DSC for $ 4.4 billion" . NY Times . ^ "Alcatel Buys Packet Engines" . Wired . 1998-10-13. Archived from the original on 2013-02-09. ^ "Nexans Press Release" . 9 October 2000. Archived from
3456-619: The presidency of João Goulart , the State Governor of Rio Grande do Sul Leonel Brizola decided to expropriate a Brazilian subsidiary of ITT, the Companhia Telefônica Nacional. During the next years of Goulart's presidency, the expropriation was one of the most debated Brazilian political issues. The action from the State Governor to expropriate the company was never supported by the Brazilian president at
3520-608: The presidential election, ITT offered the CIA $ 1,000,000 to defeat Allende , though the offer was rejected. Declassified documents released by the U.S. Central Intelligence Agency in 2000 reveal that the company financially helped opponents of Salvador Allende 's government prepare a military coup . On September 28, 1973, an ITT building in New York City was bombed by the Weather Underground for involvement in
3584-557: The spinoff. In 1929, ITT's headquarters were at (75) 67 Broad Street, Manhattan , New York , New York . "During World War II the building was a hub for communications with American submarines operating in the Atlantic Ocean ." From 1961 to 1989, ITT's headquarters were at 320 Park Ave., New York. 1330 Sixth Avenue in Manhattan, New York City, which was ITT's corporate headquarters prior to its merger with Starwood ,
3648-536: The time Farnsworth was also developing the Fusor fusion reactor , which was funded by ITT until 1967. Also in 1951, ITT bought a majority interest in the Kellogg Switchboard & Supply Company (founded in 1897 as a pioneer in "divided-multiple" telephone switchboards ) and bought the remaining shares the next year. ITT changed the company's name to ITT Kellogg. After merging Federal Telephone and Radio Corporation into ITT Kellogg and combining manufacturing operations
3712-417: The time and had severe implications for Brazil–United States relations . Some historians even say that the expropriation was one of the reasons for the federal government of the United States supporting the 1964 Brazilian coup d'état . ITT became enmeshed in scandal in connection with the 1972 Republican National Convention . In May 1971, ITT president Geneen pledged $ 400,000 to support a proposal to hold
3776-538: Was a division of ITT Corporation in Nutley , New Jersey . A 300-foot research tower at ITT Avionics was built in 1947 for scientists for microwave communications systems. Research at the tower had stopped in the 1970s. On the morning of April 4, 1996 at 10:00 am, the tower was demolished with explosives to prepare the site for sale. In October 1989, the Naval Air Systems Command (NAVAIR) awarded
3840-524: Was closed and finalized in September 2007. An announcement was made September 14, 2010 to close the Cleveland site. An agreement was reached September 18, 2007 for ITT to buy EDO Corporation for $ 1.7 billion. After EDO shareholders' approval, the deal was closed and finalized on December 20, 2007. On April 16, 2009, ITT announced it has signed a definitive agreement to acquire Laing GmbH of Germany,
3904-663: Was intended to operate in all markets, and in all modes, from local switches to long distance. The design was done at the Advanced Technology Center ( Stamford, Connecticut and then Shelton, Connecticut ). Manufacturing was by ITT's subsidiaries, such as BTM in Belgium , where the first production system was installed at Brecht , in August 1982. Initial sales, particularly in Europe and Mexico, were strong, but
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#17327807785633968-411: Was originally owned by the American Broadcasting Company (ABC), which ITT attempted to acquire in 1963. After a financial downturn, ABC moved out of the building known as "Brown Rock" and sold it to a Japanese conglomerate which then in turn leased a good portion out to ITT Corporation. In 2022, ITT's global headquarters moved out of White Plains, NY and into Harbor Point in Stamford, CT. ITT Avionics
4032-537: Was spun off through an IPO in 1994, with ITT as an 83% shareholder (in September 2016, ESI announced plans to close all of its 130 Technical Institutes in 38 states because their students were no longer eligible for federal aid ). ITT merged its long-distance division with Metromedia Long Distance in March 1989, creating Metromedia-ITT . Metromedia-ITT would eventually be acquired by Long Distance Discount Services, Inc. (LDDS) in 1993. LDDS would later change its name to WorldCom in 1995. In 1995, with Araskog still at
4096-453: Was the Theodore Gary & Company conglomerate, which operated a subsidiary, Associated Telephone and Telegraph, with manufacturing plants in Europe. In the United States, ITT acquired the various companies of the Mackay Companies in 1928 through a specially organized subsidiary corporation, Postal Telegraph & Cable . These companies included the Commercial Cable Company , the Commercial Pacific Cable Company , Postal Telegraph , and
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