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How did Texas Instruments get its name?

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Although today we are a global technology company, our spirit of innovation has been at the heart of who we are for decades, dating back to our founders and their ... We're a global Fortune 500 technology company with more than 30,000 employees, nearly 100,000 products and more than 40,000 patents to our name. read more

Source: ti.com

Since General Instruments was already taken, the company was named Texas Instruments since it was based in Texas. The "Instruments" part comes from the instrumentation legacy. Today, the instrumentation and defense business has long been sold off. read more

Texas got its name from the Caddo and Hasinais Indian word "tejas" meaning "friends" or "allies." Prior to gaining its independence, Texas was a province of Mexico named Coahuila y Tejas. read more

On April 4, 2011, Texas Instruments announced that it had agreed to buy National Semiconductor for $6.5 billion in cash. Texas Instruments would pay $25 per share of National Semiconductor stock. It was an 80% premium over the share price of $14.07 as of April 4, 2011 close. read more