Despite these promiscuous policies, one fledgling firm had trouble wrangling a license: a Dallas-based oil exploration company that had reoriented and renamed itself Texas Instruments. Its executive vice president, Pat Haggerty, who would later take over the firm, had served in the Navy’s Bureau of Aeronautics and become convinced that electronics were about to transform almost all aspects of life. When he heard about transistors, he decided that Texas Instruments would find a way to exploit them.

