Raytheon and Texas Instruments: A Match Made in... Well, Not Quite
So, you're wondering if Raytheon owns Texas Instruments, huh? Let's dive into this corporate drama like it's a juicy soap opera.
A Brief History Lesson (Because Who Doesn't Love Those?)
Once upon a time, in a land of microchips and missiles, there were two giants: Texas Instruments, the calculator wizard, and Raytheon, the defense contractor. Now, these two weren't exactly besties, but they did share a brief, tumultuous relationship.
In the late 90s, Raytheon decided it wanted a piece of TI's defense business. It was like a kid wanting the coolest toy on the playground. After some serious bargaining (and probably a few threats of "I'll tell your mom!"), Raytheon got its wish. They bought TI's defense division for a cool $2.95 billion. It was a match made in... well, not quite.
So, Who's the Boss Now?
Short answer: They're not together anymore.
Raytheon got its fill of the defense world and moved on. TI, on the other hand, decided to focus on its core business: making tiny brains for your gadgets. So, while they were briefly intertwined, they're now as different as chalk and cheese, or maybe more like calculators and missiles.
The Aftermath
This breakup wasn't exactly amicable. There was some drama, some tears, and a lot of lawyers. The Department of Justice even had to step in and break up the fight. In the end, Raytheon had to give up a part of its new toy, but they still got to keep most of it.
FAQ: The Burning Questions
How to tell if my calculator is actually a missile guidance system?
- Don't worry, it's probably just a calculator. Missile guidance systems are usually a bit bigger and have more buttons.
How to invest in a company that makes both calculators and missiles?
- Unfortunately, there's no one-stop shop for that. You'll have to pick your poison: calculators or missiles.
How to avoid getting caught in the crossfire of a corporate takeover?
- Stay away from big companies. They're always merging, acquiring, and breaking up. Small businesses are where it's at.
How to become a defense contractor or a chip designer?
- Study hard, get good grades, and maybe build a robot army in your spare time.
How to survive a corporate drama?
- Pop some popcorn, grab a comfy seat, and enjoy the show.