How is Raytheon connected with this.?
Raytheon Purchases Defense Systems & Electronics Business of Texas Instruments January 6, 1997, 7:46 AM EST Acquisition Substantially Strengthens Raytheon's Leadership in Defense Electronics
LEXINGTON, Mass. and DALLAS, Jan. 6 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Texas Instruments Incorporated (NYSE: TXN) announced today that their boards of directors have approved a definitive agreement for Raytheon to purchase the assets of Texas Instruments' defense operations for $2.95 billion in cash.