32°54′40″N 96°45′08″W / 32.9110°N 96.7523°W / 32.9110; -96.7523
90-479: TI InterActive! was a Texas Instruments computer program which combined the functionality of all of the TI graphing calculators with extra features into a text editor which allowed users to save equations , graphs , tables, spreadsheets , and text onto a document. TI InterActive! also included a web browser, but it was just an embedded version of Internet Explorer . It also worked with TI Connect to share data with
180-626: A Dallas/Fort Worth Metroplex data center operated by CyrusOne Networks LLC. On May 14, 2010, President Barack Obama said in an interview with CNN that "you had executives of BP and Transocean and Halliburton falling over each other to point the finger of blame at somebody else" when referring to the congressional hearings held during the Deepwater Horizon oil spill . "The American people could not have been impressed with that display, and I certainly wasn't." According to Tim Probert, executive vice president of Halliburton, "Halliburton, as
270-714: A Republican member of the Texas House of Representatives , was the Texas Instruments president. Geophysical Service, Inc. became a subsidiary of Texas Instruments. Early in 1988, most of GSI was sold to the Halliburton Company. Texas Instruments exists to create, make, and market useful products and services to satisfy the needs of its customers throughout the world. In 1930, J. Clarence Karcher and Eugene McDermott founded Geophysical Service, an early provider of seismic exploration services to
360-463: A Nigerian official $ 2.4 million in bribes in order to receive favorable tax treatment., United Arab Emirates In October 2004, after emerging from the bankruptcy protection, Halliburton opened a new 250,000-square-foot (23,000 m ) facility on 35 acres (140,000 m ), replacing an older facility that opened in 1948, in Rock Springs, Wyoming . With over 500 employees, Halliburton
450-589: A deadline of the end of April 2016 after which, if a decision had not been made, both companies could walk away from the deal if they chose. At the beginning of May 2016, the day after the deadline expired, Halliburton and Baker Hughes announced the termination of the merger agreement. On March 1, 2022, Halliburton inaugurated its MultiChem facility in Jubail PlasChem Park, which will make Saudi Arabia an exporter of specialty products from an importer of specialty products. Halliburton has become
540-416: A four-company joint venture to build a liquefied natural gas plant on Bonny Island in southern Nigeria. Earlier in 2009, KBR, a former subsidiary of Halliburton, agreed to pay $ 402 million after admitting that it bribed Nigerian officials, and Halliburton paid $ 177 million to settle allegations by the U.S. Securities and Exchange Commission without admitting any wrongdoing. In mid-December 2010,
630-442: A leader in the graphing calculator industry. Its defense business was sold to Raytheon Company in 1997; this allowed TI to strengthen its focus on digital solutions. After the acquisition of National Semiconductor in 2011, the company had a combined portfolio of 45,000 analog products and customer design tools. In the stock market, Texas Instruments is often regarded as an indicator for the semiconductor and electronics industry as
720-529: A paper: "Some Recent Developments in Silicon and Germanium Materials and Devices". In 1954, Texas Instruments designed and manufactured the first transistor radio . The Regency TR-1 used germanium transistors, as silicon transistors were much more expensive at the time. This was an effort by Haggerty to increase market demand for transistors. Jack Kilby , an employee at TI, invented the integrated circuit in 1958. Kilby recorded his initial ideas concerning
810-646: A part of the company. The company has been criticized for its involvement in numerous controversies, including its involvement with Dick Cheney – as U.S. Secretary of Defense , then CEO of the company, then Vice President of the United States – and the Iraq War , and the Deepwater Horizon , for which it agreed to settle outstanding legal claims against it by paying litigants $ 1.1 billion. KBR , one of Halliburton's subsidiaries at
900-656: A pilot operation of a computer network system – the first such installation in the oilfield services industry. In 1966, workers broke ground for a new wing at the Research Center in Duncan that tripled the available space for the Chemical Research and Design Department. In 1968, an automated mixing system for drilling mud was developed by Halliburton, primarily for use offshore. Gearhart Industries (acquired by Halliburton Energy Services in 1989) introduced
990-461: A prototype of the world's first transistor radio , and, through a partnership with Industrial Development Engineering Associates of Indianapolis, Indiana, the 100% solid-state radio was sold to the public beginning in October of that year. In the 1960s, company president Pat Haggerty had a team that included Jack Kilby to work on a handheld calculator project. Kilby and two other colleagues created
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#17327721763901080-438: A reorganization of Geophysical Service Incorporated , a company founded in 1930 that manufactured equipment for use in the seismic industry, as well as defense electronics. TI produced the world's first commercial silicon transistor in 1954, and the same year designed and manufactured the first transistor radio . Jack Kilby invented the integrated circuit in 1958 while working at TI's Central Research Labs. TI also invented
1170-581: A result of the asbestos-related costs and staggering losses on the Barracuda Caratinga FPSO construction project based in Rio de Janeiro, Brazil, Halliburton lost approximately $ 900 million U.S. a year from 2002 through 2004. A final non-appealable settlement in the asbestos case was reached in January 2005 which allowed Halliburton subsidiary KBR to exit Chapter 11 bankruptcy and returned
1260-579: A separately listed company on April 5, 2007. The company was started in 1919 by Erle P. Halliburton as the New Method Oil Well Cementing Company. In 1920, he brought a wild gas well under control, using cement, for W.G. Skelly, near Wilson, Oklahoma . On March 1, 1921, the Halliburton "method and means of excluding water from oil wells" was assigned a patent from the U.S. Patent Office . Halliburton invented
1350-417: A service provider to the well owner, is contractually bound to comply with the well owner's instructions". It was anticipated that Halliburton's $ 2.5 billion "Restore Iraqi Oil" (RIO) contract would pay for itself as well as for reconstruction of the entire country. Plans called for more oil to be exported from Iraq's northern oil fields than actually occurred. Halliburton's work on the pipeline crossing
1440-677: A subsidiary of Halliburton Energy Services called Halliburton Products and Services Ltd. (HPS) opened an office in Tehran . The company, HPS, operated on the ninth floor of a new north Tehran tower block. Although HPS was incorporated in the Cayman Islands in 1975 and is "non-American", it shares both the logo and name of Halliburton Energy Services and, according to Dow Jones Newswires , offers services from Halliburton units worldwide through its Tehran office. Such behavior, undertaken while senior Republican (later U.S. vice president) Dick Cheney
1530-402: A whole, since the company sells to more than 100,000 customers. Texas Instruments was founded by Cecil H. Green , J. Erik Jonsson , Eugene McDermott , and Patrick E. Haggerty in 1951. McDermott was one of the original founders of Geophysical Service Inc. (GSI) in 1930. McDermott, Green, and Jonsson were GSI employees who purchased the company in 1941. In November 1945, Patrick Haggerty
1620-750: Is made up of four divisions: analog products , embedded processors , digital light processing , and educational technology . As of January 2021, the industrial market accounts for 41 percent of TI's annual revenue, and the automotive market accounts for 21 percent. TI's remaining businesses consisting of DLP products (primarily used in projectors to create high-definition images), calculators and certain custom semiconductors known as application-specific integrated circuits. Texas Instruments sells DLP technology for TVs, video projectors, and digital cinema . On February 2, 2000, Philippe Binant, technical manager of Digital Cinema Project at Gaumont in France, realized
1710-556: Is one of the largest private employers in Sweetwater County . On January 24, 2006, Halliburton's subsidiary KBR (formerly Kellogg, Brown and Root) announced that it had been awarded a $ 385 million contingency contract by the Department of Homeland Security to build "temporary detention and processing facilities" or internment camps. According to Business Wire , this contract will be executed in cooperation with
1800-469: Is used to seal casing in oil and gas wells, thereby preventing leaks. Government investigators had ordered companies involved in drilling the well to preserve all relevant evidence. In early December 2010, the Nigerian government filed corruption charges against Cheney in connection with his role as the chief executive of Halliburton. The case relates to an alleged $ 182 million contract involving
1890-709: The Balkans conflict in the 1990s, Kellogg Brown-Root (KBR) supported U.S. peacekeeping forces in Bosnia and Herzegovina , Croatia and Hungary with food, laundry, transportation, and other life-cycle management services. In 1998, Halliburton merged with Dresser Industries, which included Kellogg. Prescott Bush was a director of Dresser Industries, which is now part of Halliburton; his son, former president George H. W. Bush , worked for Dresser Industries in several positions from 1948 to 1951, before he founded Zapata Corporation . The Wall Street Journal reported in 2001 that
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#17327721763901980-579: The Deepwater Horizon explosion claimed that poor practices of Halliburton staff had contributed to the disaster. Investigations carried out by the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling found that Halliburton was jointly at fault along with BP and Transocean for the spill. The cement that Halliburton used was an unstable mixture, and eventually caused hydrocarbons to leak into
2070-723: The Little Professor in 1976 and Dataman in 1977. TI produces a range of calculators, with the TI-30 being one of the most popular early calculators . TI has also developed a line of graphing calculators , the first being the TI-81 , and most popular being the TI-83 Plus (with the TI-84 Plus being an updated equivalent). Many TI calculators are still sold without graphing capabilities. The TI-30 has been replaced by
2160-535: The Partial Nuclear Test Ban Treaty . Texas Instruments also continued to manufacture equipment for use in the seismic industry, and GSI continued to provide seismic services. After selling (and repurchasing) GSI, TI finally sold the company to Halliburton in 1988, after which sale GSI ceased to exist as a separate entity. In early 1952, Texas Instruments purchased a patent license to produce germanium transistors from Western Electric ,
2250-847: The Paveway series of laser-guided bombs (LGBs). The first LGB was the BOLT-117 . In 1969, TI won the Harpoon (missile) Seeker contract. In 1986, TI won the Army FGM-148 Javelin fire-and-forget man portable antitank guided missile in a joint venture with Martin Marietta . In 1991, TI was awarded the contract for the AGM-154 Joint Standoff Weapon . In 1988, TI paid the U.S. government $ 5.2 million "to settle allegations one of its divisions overcharged
2340-643: The Speak & Spell , such as the Speak & Read and Speak & Math , were introduced soon thereafter. In 1979, TI entered the home computer market with the TI-99/4 , a competitor to computers such as the Apple II , TRS-80 , and the later Atari 400/800 and VIC-20 . By late 1982, TI was dominating the U.S. home computer market, shipping 5,000 computers a day from their factory in Lubbock. It discontinued
2430-726: The TI-30X IIS . Also, some financial calculators are for sale on the TI website. In 2007, TI released the TI-Nspire family of calculators and computer software that has similar capabilities to the calculators. Halliburton Halliburton Company is an American multinational corporation and the world's second-largest oil service company which is responsible for most of the world's fracking operations. It employs approximately 55,000 people through its hundreds of subsidiaries, affiliates, branches, brands, and divisions in more than 70 countries. The company, though incorporated in
2520-793: The TI-99/4A (1981), the sequel to the 99/4, in late 1983 amid an intense price war waged primarily against Commodore. At the 1983 Winter CES, TI showed models 99/2 and the Compact Computer 40 , the latter aimed at professional users. The TI Professional (1983) ultimately joined the ranks of the many unsuccessful MS-DOS and x86 -based—but non-compatible —competitors to the IBM PC (the founders of Compaq , an early leader in PC compatibles, all came from TI). The company for years successfully made and sold PC-compatible laptops before withdrawing from
2610-453: The Tigris river at Al Fatah has been called a failure. Critics claim that the oil fields are barely usable and access to international markets is severely limited. As an example, against the advice of its own experts, Halliburton attempted to dig a tunnel through a geological fault zone . The underground terrain was a jumble of boulders, voids, cobblestones, and gravel and not appropriate for
2700-505: The U.S. Army Corps of Engineers , Fort Worth District. Critics point to the Guantanamo Bay detention camp as a possible model. According to a press release posted on the Halliburton website, "The contract, which is effective immediately, provides for establishing temporary detention and processing capabilities to augment existing Immigration and Customs Enforcement (ICE) Detention and Removal Operations (DRO) Program facilities in
2790-557: The $ 1.8 billion in total TI defense revenues, and was sold to TriQuint Semiconductor , Inc. Raytheon retained its own existing MMIC capabilities and has the right to license TI's MMIC technology for use in future product applications from TriQuint. Shortly after Raytheon acquired TI DSEG, Raytheon then acquired Hughes Aircraft from General Motors . Raytheon then owned TI's mercury cadmium telluride detector business and infrared (IR) systems group. In California, it also had Hughes infrared detector and an IR systems business. When again
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2880-433: The 1960s, popularized the use of integrated circuits in computer logic. The military-grade version of this was the 5400 series. Texas Instruments invented the hand-held calculator (a prototype called " Cal Tech ") in 1967 and the single-chip microcomputer in 1971, was assigned the first patent on a single-chip microprocessor (invented by Gary Boone) on September 4, 1973. This was disputed by Gilbert Hyatt, formerly of
2970-504: The Cal-Tech, a three-pound battery-powered calculator that could do basic math and fit six-digit numbers on its display. This 4.25 x 6.15 x 1.75 inch calculator's processor would originate the vast majority of Texas Instruments’ revenue. In 1973, the handheld calculator SR-10 (named after slide rule ) and in 1974, the handheld scientific calculator SR-50 were issued by TI. Both had red LED-segments numeric displays. The optical design of
3060-514: The Defense Systems & Electronics Group (DSEG). During the early 1980s, TI instituted a quality program which included Juran training, as well as promoting statistical process control , Taguchi methods , and Design for Six Sigma . In the late 1980s, the company, along with Eastman Kodak and Allied Signal , began involvement with Motorola , institutionalizing Motorola's Six Sigma methodology. Motorola, which originally developed
3150-564: The Explorer included the gate assignment system for United Airlines, described as "an artificial intelligence program that captures the combined experience and knowledge of a half-dozen United operations experts." In software for the PC, they introduced "Personal Consultant", a rule-based expert system development tool and runtime engine, followed by "Personal Consultant Plus" written in the Lisp-like language from MIT known as Scheme , and
3240-647: The F-22 Radar and Computer development contract. As the defense industry consolidated, TI sold its defense business to the Raytheon Company in 1997 for $ 2.95 billion. The Department of Justice required that Raytheon divest the TI Monolithic Microwave Integrated Circuit (MMIC) operations after closing the transaction. The TI MMIC business accounted for less than $ 40 million in 1996 revenues, or roughly 2% of
3330-823: The Industrial Systems Division, which was sold in the early 1990s to Siemens. In 2006, Bain Capital LLC , a private equity firm, purchased the Sensors & Controls division for $ 3.0 billion in cash. The RFID portion of the division remained part of TI, transferring to the Application Specific Products business unit of the Semiconductor division, with the newly formed independent company based in Attleboro taking
3420-416: The M.W. Kellogg division of Dresser (which Dresser had merged with in 1988). KBR is a major international construction company that works in an industry that tends to have an element of volatility and is subject to significant fluctuations in revenue and profit . Asbestos -related litigation from Kellogg acquisition caused the company to book more than US$ 4.0 billion in losses from 2002 through 2004. As
3510-678: The Micro Computer Company, in August 1990, when he was awarded a patent superseding TI's. This was overturned on June 19, 1996, in favor of TI (note: Intel is usually given credit with Texas Instruments for the almost-simultaneous invention of the microprocessor). In 1978, Texas Instruments introduced the first single-chip linear predictive coding speech synthesizer . In 1976, TI began a feasibility study of memory-intensive applications for bubble memory then being developed. They soon focused on speech applications. This resulted in
3600-503: The SR-50 is somewhat similar to the HP-35 edited by Hewlett-Packard before in early 1972, but buttons for the operations "+", "–", ... are in the right of the number block and the decimal point lies between two neighboring digits. TI continued to be active in the consumer electronics market through the 1970s and 1980s. Early on, this also included two digital clock models – one for desk and
3690-741: The Six Sigma methodology, began this work in 1982. In 1992, the DSEG division of Texas Instruments' quality-improvement efforts were rewarded by winning the Malcolm Baldrige National Quality Award for manufacturing. TI developed the AAA-4 infrared search and track device in the late 1950s and early 1960s for the F-4B Phantom for passive scanning of jet-engine emissions, but it possessed limited capabilities and
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3780-838: The TI Graphing Calculators. This scientific software article is a stub . You can help Misplaced Pages by expanding it . Texas Instruments Texas Instruments Incorporated ( TI ) is an American multinational semiconductor company headquartered in Dallas, Texas . It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors , which account for more than 80% of its revenue. TI also produces digital light processing (DLP) technology and education technology products including calculators , microcontrollers , and multi-core processors . Texas Instruments emerged in 1951 after
3870-640: The U.S. Justice Department, the Federal Bureau of Investigation ( FBI ) and the Pentagon's inspector general. These investigations found no wrongdoing within the contract award and execution process. In one of Greenhouse's claims, she said that military auditors caught Halliburton overcharging the Pentagon for fuel deliveries into Iraq. She also complained that Defense Secretary Donald Rumsfeld 's office took control of every aspect of Halliburton's $ 7 billion Iraqi oil/infrastructure contract. Greenhouse
3960-584: The US government forced Raytheon to divest itself of a duplicate capability, the company kept the TI IR systems business and the Hughes detector business. As a result of these acquisitions, these former arch rivals of TI systems and Hughes detectors work together. Immediately after acquisition, DSEG was known as Raytheon TI Systems (RTIS). It is now fully integrated into Raytheon and this designation no longer exists. TI
4050-679: The United States, has dual headquarters located in Houston and in Dubai . Halliburton's major business segment is the Energy Services Group (ESG). KBR , a public company and former Halliburton subsidiary, is a major construction company of refineries , oil fields, pipelines , and chemical plants . Halliburton announced on April 5, 2007, that it had sold the division and severed its corporate relationship with KBR, which had been its contracting, engineering and construction unit as
4140-555: The company changed its name to Texas Instruments, spun off to build seismographs for oil explorations and with GSI becoming a wholly owned subsidiary of the new company. An early success came for TI-GSI in 1965, when GSI was able (under a Top Secret government contract) to monitor the Soviet Union 's underground nuclear weapons testing under the ocean in Vela Uniform , a subset of Project Vela , to verify compliance of
4230-686: The company changed its name to the Halliburton Company. In 1963, Halliburton was the first company in Oklahoma to receive the Presidential "E" for Export flag in recognition of notable contributions to foreign trade. Halliburton opened a 500,000 sq ft (46,000 m ) manufacturing center in Duncan, Oklahoma , in 1964. The company began to experiment with new technologies to help their services – for example, beginning in 1965
4320-620: The company to quarterly profitability. While Halliburton's revenues have increased because of its contracts in the Middle East , the overall impact on its bottom line has been mixed. At a meeting for investors and analysts in August 2004, a plan was outlined to divest the KBR division through a possible sale , spin-off or initial public offering . Analysts at Deutsche Bank valued KBR at up to $ 2.15 billion, while others believed it could be worth closer to $ 3 billion by 2005. KBR became
4410-472: The content inside the stolen material was data on the recently discovered Tupi oil field . Initial police inquiries suggest that it could be a common container theft operation. The container was a ramshackle in complete disorder indicating that thieves were after "valuables and not only laptops," said an expert consulted by the daily newspaper Folha de S. Paulo. In 2008, Halliburton agreed to outsource its mission-critical information technology infrastructure to
4500-687: The development the TMC0280 one-chip linear predictive coding speech synthesizer, which was the first time a single silicon chip had electronically replicated the human voice. This was used in several TI commercial products beginning with Speak & Spell , which was introduced at the Summer Consumer Electronics Show in June 1978. In 2001, TI left the speech synthesis business, selling it to Sensory Inc. of Santa Clara, California. In May 1954, Texas Instruments designed and built
4590-456: The early 1990s, Halliburton was found to be in violation of federal trade barriers in Iraq and Libya, having sold these countries dual-use oil drilling equipment and, through its former subsidiary, Halliburton Logging Services, sending six pulse neutron generators to Libya. After having pleaded guilty, the company was fined $ 1.2 million, with another $ 2.61 million in penalties. During
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#17327721763904680-491: The event of an emergency influx of immigrants into the U.S., or to support the rapid development of new programs. The contingency support contract provides for planning and, if required, initiation of specific engineering, construction and logistics support tasks to establish, operate and maintain one or more expansion facilities." In February 2008, a hard disk and two computers containing classified information were stolen from Petrobras while in Halliburton's custody. Allegedly,
4770-403: The first terrain-following radar and surveillance radar systems for both the military and FAA. TI demonstrated the first solid-state radar called Molecular Electronics for Radar Applications. In 1976, TI developed a microwave landing system prototype. In 1984, TI developed the first inverse synthetic aperture radar . The first single-chip gallium arsenide radar module was developed. In 1991,
4860-532: The first digital cinema projection in Europe with the DLP Cinema technology developed by TI DLP technology enables a diverse range of display and advanced light control applications spanning industrial, enterprise, automotive, and consumer market segments. The ASICs business develops more complex integrated-circuit solutions for clients on a custom basis. TI has produced educational toys for children, including
4950-571: The first digital computer logging system in 1974. In 1969, Halliburton began construction of a base camp at Prudhoe Bay on Alaska 's North Slope. In 1975, it responded to environmental concerns by working with the nonprofit Clean Gulf Associates to contain and clean up oil spills. In 1976, Halliburton established the Halliburton Energy Institute in Duncan, Oklahoma, to provide an industry forum for disseminating technical information. In 1980, Halliburton Research Center opened in Duncan, Oklahoma. The company's billionth sack of cement for customers
5040-631: The first multiwell platform offshore China, and an Otis Engineering team controlled a gigantic Tengiz field blowout in the Soviet Union . Following the end of Operation Desert Storm in February 1991, the Pentagon , led by then defense secretary Dick Cheney , paid Halliburton subsidiary Brown & Root Services over $ 8.5 million to study the use of private military forces with American soldiers in combat zones. Halliburton crews also helped bring 725 burning oil wells under control in Kuwait . In 1995, Cheney replaced Thomas H. Cruikshank , as chairman and CEO . Cruikshank had served since 1989. In
5130-419: The first time in 1952. Erle P. Halliburton died in Los Angeles in 1957. HOWCO is at this time worth $ 190 million with camps all over the world. The same year, HOWCO purchased Welex, which pioneered jet perforation. Otis Engineering, an oil field service and equipment company specializing in manufacturing pressure control equipment for oil and gas producing wells, was acquired in 1959. On July 5, 1961,
5220-419: The fiscal year 2017, Texas Instruments reported earnings of $ 3.682 billion, with an annual revenue of $ 14.961 billion, an increase of 11.9% over the previous fiscal cycle. TI shares traded at over $ 82 per share, and its market capitalization was valued at over $ 88.0 billion in October 2018. As of 2018, TI ranked 192nd on the Fortune 500 list of the largest United States corporations by revenue. As of 2016, TI
5310-479: The former's website, as at December 11, 2014 detailed the restructuring in the integration to follow. The firm announced it would acquire Baker Hughes for around $ 35 billion in cash and stock, creating an oilfield services company that aims to compete with Schlumberger . Prior to the merger of Baker Hughes and Halliburton, Halliburton must divest over $ 5 billion of its assets according to the regulations created by US competition enforcement authorities. The merger had
5400-441: The government on contracts for guided missiles sold to the Navy ". Because of TI's research and development of military temperature-range silicon transistors and integrated circuits (ICs), TI won contracts for the first IC-based computer for the U.S. Air Force in 1961 (molecular electronic computer) and for ICs for the Minuteman Missile the following year. In 1968, TI developed the data systems for Mariner Program . In 1991 TI won
5490-405: The hand-held calculator in 1967, and introduced the first single-chip microcontroller in 1970, which combined all the elements of computing onto one piece of silicon. In 1987, TI invented the digital light processing device (also known as the DLP chip), which serves as the foundation for the company's DLP technology and DLP Cinema. TI released the popular TI-81 calculator in 1990, which made it
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#17327721763905580-518: The industry. In 1947, the Halliburton first marine cementing vessel went into service. In 1951, Halliburton first appeared in Europe as Halliburton Italiana SpA, a wholly owned subsidiary in Italy. Over the next seven years, Halliburton launched Halliburton Company Germany GmbH, set up operations in Argentina and established a subsidiary in England. By 1951, HOWCO had service centers operating in Canada, Venezuela, Peru, Colombia, Saudi Arabia and Indonesia. Halliburton revenues topped $ 100 million for
5670-444: The integrated circuit in July 1958, and successfully demonstrated the world's first working integrated circuit on September 12, 1958. Six months later, Robert Noyce of Fairchild Semiconductor (who went on to co-found Intel ) independently developed the integrated circuit with integrated interconnect, and is also considered an inventor of the integrated circuit. In 1969, Kilby was awarded the National Medal of Science, and in 1982 he
5760-482: The kind of drilling Halliburton planned. "No driller in his right mind would have gone ahead," said Army geologist Robert Sanders when the military finally sent people to inspect the work. On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $ 34.6 billion. A press release made available on
5850-476: The major business segments. These businesses continue to be profitable, and the company is one of the world's largest players in these service industries; it is second after Schlumberger , and is followed by Saipem , Weatherford International , and Baker Hughes . With the acquisition of Dresser Industries in 1998, the Kellogg-Brown & Root division (in 2002 renamed to KBR) was formed by merging Halliburton's Brown & Root (acquired 1962) subsidiary and
5940-441: The manufacturing arm of AT&T, for US$ 25,000, beginning production by the end of the year. Haggerty brought Gordon Teal to the company due to his expertise in growing semiconductor crystals while at Bell Telephone Laboratories . Teal's first assignment was to direct TI's research laboratory. At the end of 1952, Texas Instruments announced that it had expanded to 2,000 employees and $ 17 million in sales. Among his new hires
6030-407: The market and selling its product line to Acer in 1998. TI entered the defense electronics market in 1942 with submarine detection equipment, based on the seismic exploration technology previously developed for the oil industry. The division responsible for these products was known at different times as the Laboratory & Manufacturing Division, the Apparatus Division, the Equipment Group, and
6120-473: The military microwave integrated circuit program was initiated—a joint effort with Raytheon. In 1961, TI won the guidance and control system contract for the defense suppression AGM-45 Shrike antiradiation missile . This led later to the prime on the high-speed antiradiation missile (AGM-88 HARM) development contract in 1974 and production in 1981. In 1964, TI began development of the first laser guidance system for precision-guided munitions , leading to
6210-468: The name Sensata Technologies. In 1997, TI sold its software division, along with its main products such as the CA Gen , to Sterling Software , which is now part of Computer Associates . However, TI still owns small pieces of software, such as the software for calculators such as the TI Interactive! . TI also creates a significant amount of target software for its digital signal processors, along with host-based tools for creating DSP applications. For
6300-429: The natural language menu system NLMenu. TI was a major original-equipment manufacturer of sensor , control, protection, and RFID products for the automotive, appliance, aircraft, and other industries. The Sensors & Controls division was headquartered in Attleboro, Massachusetts . By the mid-1980s, industrial computers known as PLC's (programmable logic controllers) were separated from Sensors & Controls as
6390-492: The object of several controversies involving the Iraq War and the company's ties to former U.S. Vice President Dick Cheney . Cheney retired from the company during the 2000 U.S. presidential election campaign with a severance package worth $ 36 million. As of 2004, he had received $ 398,548 in deferred compensation from Halliburton while Vice President. Cheney was chairman and CEO of Halliburton Company from 1995 to 2000 and has received stock options from Halliburton. In
6480-556: The other a bedside alarm. From this sprang what became the Time Products Division, which made LED watches. Though these LED watches enjoyed early commercial success due to excellent quality, it was short-lived due to poor battery life. LEDs were replaced with LCD watches for a short time, but these could not compete because of styling issues, excessive makes and models, and price points. The watches were manufactured in Dallas and then Lubbock, Texas . Several spin-offs of
6570-422: The petroleum industry. In 1939, the company reorganized as Coronado Corp, an oil company with Geophysical Service Inc (GSI), now as a subsidiary. On December 6, 1941, McDermott along with three other GSI employees, J. Erik Jonsson, Cecil H. Green, and H. B. Peacock purchased GSI. During World War II, GSI expanded its services to include electronics for the U.S. Army , Army Signal Corps , and U.S. Navy . In 1951,
6660-615: The revolutionary cement jet mixer, to eliminate hand-mixing of cement, and the measuring line, a tool used to guarantee cementing accuracy. By 1922, the Halliburton Oil Well Cementing Company (HOWCO) was prospering from the Mexia, Texas oil boom, having cemented its 500th well in late summer. In 1924, the company was incorporated in Delaware , with 56 people on its payroll. The stock of the corporation
6750-523: The run-up to the Iraq War, Halliburton was awarded a $ 7 billion contract for which only Halliburton was allowed to bid. Bunnatine Greenhouse , a civil servant with 20 years of contracting experience, had complained to Army officials on numerous occasions that Halliburton had been unlawfully receiving special treatment for work in Iraq, Kuwait and the Balkans. Criminal investigations were opened by
6840-675: The time, paid bribes to high-ranking Nigerian officials between 1994 and 2004. Under a deal reached with the U.S. Justice Department , Halliburton has agreed to pay $ 382 million to settle the bribery case. In 2015, Halliburton was found guilty in court for illegal retaliation against a whistleblower who filed a report with the SEC over concerns that the company was illegally concealing billions of dollars. The company has also been criticized for refusing to comply with United States Environmental Protection Agency requests for transparency around chemicals it uses in hydraulic fracturing. Jeff Miller
6930-475: The well, causing the explosion that started the crisis. Halliburton pleaded guilty to destroying evidence after the April 2010 Deepwater Horizon disaster; the company destroyed computer simulations it performed in the months after the accident, simulations that contradicted Halliburton's claim that it was BP who had not followed Halliburton's advice. BP had employed Halliburton to oversee the process by which cement
7020-418: Was Willis Adcock , who joined TI early in 1953. Adcock, who like Teal was a physical chemist , began leading a small research group focused on the task of fabricating grown-junction, silicon , single-crystal, small-signal transistors. Adcock later became the first TI Principal Fellow. In January 1954, Morris Tanenbaum at Bell Telephone Laboratories created the first workable silicon transistor. This work
7110-655: Was CEO of Halliburton, may have violated the Trading with the Enemy Act . A Halliburton spokesman, responding to inquiries from Dow Jones , said "This is not breaking any laws. This is a foreign subsidiary and no U.S. person is involved in this. No U.S. person is facilitating any transaction. We are not performing directly in that country." No legal action has been taken against the company or its officials. Later, David J. Lesar, Halliburton's chief executive, announced that Halliburton would withdraw from Iran. In April 2002, KBR
7200-706: Was active in the area of artificial intelligence in the 1980s. In addition to ongoing developments in speech and signal processing and recognition, it developed and sold the Explorer computer family of Lisp machines . For the Explorer, a special 32-bit Lisp microprocessor was developed, which was used in the Explorer II and the TI MicroExplorer (a Lisp Machine on a NuBus board for the Apple Macintosh ). AI application software developed by TI for
7290-520: Was awarded a $ 7 million contract to construct steel holding cells at Camp X-Ray . In November 2002, KBR was tasked to plan oil well firefighting in Iraq, and in February 2003 was issued a contract to conduct the work. Critics contend that it was a no-bid contract , awarded due to Dick Cheney's position as vice president. Concern was also expressed that the contract could allow KBR to pump and distribute Iraqi oil. Others contend, however, that this
7380-458: Was eliminated on F-4Ds and later models. In 1956, TI began research on infrared technology that led to several line scanner contracts and with the addition of a second scan mirror the invention of the first forward looking infrared (FLIR) in 1963 with production beginning in 1966. In 1972, TI invented the common module FLIR concept, greatly reducing cost and allowing reuse of common components. TI went on to produce side-looking radar systems,
7470-588: Was hired as general manager of the Laboratory and Manufacturing (L&M) division, which focused on electronic equipment. By 1951, the L&M division, with its defense contracts, was growing faster than GSI's geophysical division. The company was reorganized and initially renamed General Instruments Inc. Because a firm named General Instrument already existed, the company was renamed Texas Instruments that same year. From 1956 to 1961, Fred Agnich of Dallas, later
7560-559: Was inducted into the National Inventor's Hall of Fame. Kilby also won the 2000 Nobel Prize in Physics for his part of the invention of the integrated circuit. Noyce's chip, made at Fairchild, was made of silicon, while Kilby's chip was made of germanium . In 2008, TI named its new development laboratory "Kilby Labs" after Jack Kilby. The 7400 series of transistor-transistor logic chips, developed by Texas Instruments in
7650-542: Was later demoted for poor performance in her position. Greenhouse's attorney, Michael Kohn, portrayed her performance reviews as punishment for criticizing the administrations. He stated in The New York Times that "she is being demoted because of her strict adherence to procurement requirements and the Army's preference to sidestep them when it suits their needs." An internal report released in 2010 by BP into
7740-440: Was not strictly a no-bid contract, and was invoked under a contract that KBR won "in a competitive bid process." The contract, referred to as LOGCAP, is a contingency-based contract that is invoked at the convenience of the Army. Because the contract is essentially a retainer, specific orders are not competitively bid (as the overall contract was). In May 2003, Halliburton revealed in SEC filings that its KBR subsidiary had paid
7830-619: Was owned by Erle and Vida Halliburton and by seven major oil companies: Magnolia, Texas, Gulf, Humble, Sun, Pure and Atlantic. In 1926, its first foreign venture began with sale of equipment to Burma and India . Throughout the 1930s and 1940s, Halliburton continued cementing across America. In 1938, Halliburton cemented its first offshore well using a truck on a barge off the Louisiana coast. In 1940, Halliburton opened offices in Venezuela and introduced bulk handling of cementing to
7920-406: Was promoted to President of Halliburton on August 1, 2014, and CEO on June 1, 2017, replacing Dave Lesar . The company has dual headquarters located in Houston and in Dubai , but it remains incorporated in the United States. Energy services (the company's historical cornerstone), formation evaluation , digital and consulting services , production volume optimization, and fluid systems are
8010-403: Was pumped in 1983. In 1989, Halliburton acquired logging and perforating specialist company Gearhart Industries and combined it with its subsidiary Welex to form Halliburton Logging Services. Throughout the 1980s, Halliburton's subsidiaries continued their projects around the world (under management of former CEO Brian Darcy) even in countries once considered enemies. Equipment was provided for
8100-635: Was reported in the spring of 1954, at the IRE off-the-record conference on solid-state devices, and was later published in the Journal of Applied Physics . Working independently in April 1954, Gordon Teal at TI created the first commercial silicon transistor and tested it on April 14, 1954. On May 10, 1954, at the Institute of Radio Engineers National Conference on Airborne Electronics in Dayton, Ohio, Teal presented
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