These trends continued in 1978, as first quarter earnings rose by a third. It was not until the 1950s, however, that General Instrument … Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. This page was last edited on 22 August 2020, at 05:30. Easy access to trade … In an effort to gain future sales, General Instrument announced in April, 1993, that it had joined with two other companies, Microsoft and Itel, to develop a cable box that combined the functions of a cable converter and a computer, allowing for interactive television. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. 477 Broadway, New York City (1920s), 181 West Madison Street, Chicago, Illinois (1950s). Privacy Policy. The company bought CATV, a cable television system in Texas, and the Telihoras Corporation, which ran cable TV systems in three New York counties. one for delicate or scientific work: a surgical instrument writing instruments. In that year, General Instrument liquidated eight of its money-losing divisions. ∎ a thi…, Gerber Scientific, Inc. At the end of 1992, General Instrument reported an increase in sales of nearly 16 percent, to $1.07 billion, which nevertheless yielded a loss of $53 million. Because televisions were luxury goods, their sales dropped during periods of economic downturn, and this in turn depressed General Instrument's financial results periodically. In 1951 General Instrument merged a previous purchase, the F. W. Sickles Company, into General Instrument, making it a subsidiary. They also produced Videocipher units as well as digital equipment. Although it only cost $200 to make the devices, General Instrument was able to sell them for $325, reaping a hefty profit. It was not until the 1950s, however, that General Instrument embarked upon the series of acquisitions that would help it to become a technology conglomerate. KNOW MORE Show More J. L. Seely, manager of MOS Operations at General Instrument Microelectronics Division, also wrote about four-phase logic in late 1967. Profits were up by 47 percent to $24 million, and the company's debt was reduced by 30 percent. Through these activities, the company moved into a number of different fields, including silicon transistor and semiconductor manufacturing. (USA). Wanlass and other GI engineers promoted four-phase logic throughout the industry. 4DTV: interactive program guide, two favorite lists, C/Ku band, many other features. Competitors such as Datatrol and Control Data had started to push down American Totalisator's profits in the early 1980s. In February, 1982, the company formed United Satellite Television, a joint venture with the Allstar Satellite Network and Pop Satellite, that planned to offer direct satellite to home broadcasting via affordable 6-foot-wide satellite dishes. Predecessor to the Six-Seventy-One model, which was introduced in 1926. In October, 1990, General Instrument's new owners appointed Donald Rumsfeld, a longtime Washington insider, to head the company. This company subsequently purchased Watt Electronic Products, Limited, of Kitchener, Ontario. Rather than cut funding to its promising research activities, the company cut its overhead to the bone in order to make its loan payments. 2700 Series: on screen displays, C/Ku switching, digital sound, satellite memory increases with the model number. The company began laying off employees in April, 1970: 27 percent of its micro-electronics division was let go. GENERAL INSTRUMENT CORPORATION: OKLAHOMA FOREIGN FOR-PROFIT BUSINESS CORPORATION: WRITE REVIEW: Address: 1833 S Morgan Rd Oklahoma City, OK 73128: Registered Agent: The Corporation Company: Filing Date: July 30, 1997: File Number: 2300588363: Contact Us About The Company Profile For General Instrument Corporation In addition, as a result of its rapid string of purchases, General Instrument was deep in debt. General Instruments Consortium is a global manufacturer of process control instruments with experience of over 50 years and offices in 14 countries. In 1988 the company also began to increase its share of the market for addressable subscriber systems, which let cable operators control which pay channels and other services a viewer received in his home. South Windsor, Connecticut 06074 In 1963 General Instrument sold off one of its divisions, as the company's revenues fell by 3.6 percent. 350i Super: extensive on-screen displays, 50 satellites (C or Ku with external switch), digital sound. Type 90 is an all Aluminium condenser. General Instrument (GI) was an American electronics manufacturer based in Horsham, Pennsylvania, specializing in semiconductors and cable television equipment. View all trademarks for General Instrument Corporation, CA • American Totalisator, the company's betting subsidiary, produced 40 percent of these returns. The companies and people profiled on Corporation Wiki are displayed for research purposes only and do not imply an endorsement from or for the profiled companies and people. Under the direction of company president Moses Shapiro, General Instrument bought a wide variety of electronics companies, most of them based in the New York area. We see them around but we don't know what goes on behind the scenes. GI spun the division off as Microchip Technology in 1987.[7]. General Instrument increased its holdings in the cable television industry in December, 1983, when it bought Tocom, Inc., for $28 million. It was not until the 1950s, however, that General Instrument embarked upon the series of acquisitions that would help it to become a technology conglomerate. General Instrument Corporation filed as a Statement & Designation By Foreign Corporation in the State of California on Monday, July 28, 1997 and is approximately twenty-three years old, according to public records filed with California Secretary of State. learn how over 7,000 companies got started! After being called Connected Home Solutions, it was renamed Home and Networks Mobility in 2007. In June, 1992, in an effort to reduce General Instrument's debt from its purchase, the company once again sold stock to the public, raising $307 million through the sale of 22 million shares. In 1987 General Instrument continued to sell businesses in an effort to shore up its bottom line. Honeywell Plaza By 1977, these efforts had begun to show fruit. In 1975 General Instrument's president Shapiro retired and was replaced by Frank G. Hickey, the company's new chairman. Straight line frequency condenser. In April, 1987, the company divested its interest in Sytek, its local area network partner, along with its optoelectronics division, its lamp division, an antenna manufacturing operation, and factories in Tucson, Arizona, and Post Falls, Idaho. By the spring of 1987, however, General Instrument had finally started to get some good news. Through these activities, the company moved into a number of different fields, including silicon transistor and semiconductor manufacturing. See General Instrument Corporation 's products and customers Thousands of companies like you use Panjiva to research suppliers and competitors.    In the following year, the company also bought a half interest in Alpine Cable Television. General Instrument Corporation 83 Gerber Road West 2400/2500 Series: There were no on-screen displays: everything was controlled from the remote and front panel. Frank G. Hickey served as chief executive officer from 1975 to 1990, as did Donald Rumsfeld from 1990 to 1993.[6]. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. In addition, he strengthened the company's presence in two growth industries, cable television and gaming. General Instrument Corporation (GI); New York, Chicago In 1968 General Instrument strengthened its holdings in the cable television industry. The increase in General Instrument's cable business came just as its strength in gaming was waning. In July, 1993, General Instrument further strengthened its financial standing when it paid off the last $100 million of its debt to Forstmann, Little. At this time, the company remained a $500-million-a-year producer of a wide variety of electrical components, which left its bottom line vulnerable to recession. Statement & Designation By Foreign Corporation, Statement & Designation By Foreign Corporation, Application For Amended Certificate Of Authority, CERTIFICATE OF FACT OF CERTIFICATE OF OWNERSHIP FILED AMENDING NAME. Therefore, that information is unavailable for most Encyclopedia.com content. Cloudflare Ray ID: 5f830e0c0f2a01e9 The company's filing status is listed as Active and its File Number is 628770. In August, 1990, General Instrument was purchased in a friendly leveraged buyout of $1.6 billion by the FLGI Holding Company, created for this purpose by Forstmann, Little & Company, a New York investment banking house. In 1965, Frank Wanlass moved to General Instrument Microelectronics Division in New York. In 1951 General Instrument merged a previous purchase, the F. W. Sickles Company, into General Instrument, making it a subsidiary.