Does Raytheon Own Texas Instruments

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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.

Does Raytheon Own Texas Instruments
Does Raytheon Own Texas Instruments

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.

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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.

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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.

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Frequently Asked Questions

FAQ: The Burning Questions

How to tell if my calculator is actually a missile guidance system?

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  • 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?

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  • 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?

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  • 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.
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Quick References
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bizjournals.comhttps://www.bizjournals.com/dallas
texastribune.orghttps://www.texastribune.org
bizjournals.comhttps://www.bizjournals.com/houston
texasattorneygeneral.govhttps://www.texasattorneygeneral.gov
chron.comhttps://www.chron.com

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