Fairchild Semiconductor was founded in 1957 by the Traitorous Eight from Shockley Lab and pioneered mass-production of integrated circuits in the 1960s. It was acquired by Schlumberger in 1979, bought by National Semiconductor in 1987, and spun off to regain independence in 1997.
Historical Milestones
1957: Founded from Shockley Lab Traitorous Eight established Fairchild Semiconductor in California. 1960s: Pioneered IC Manufacturing First to mass-produce integrated circuits, transforming electronics. 1979: Schlumberger Acquisition Acquired by Schlumberger Ltd. for $425 million. 1987: National Semiconductor Buyout Purchased by National Semiconductor during industry shifts. 1997: Regained Independence Spun off to operate autonomously once more.
Source: Fairchild Semiconductor