|
| In the year since the acquisition, TI Silicon Valley volunteers have donated more than 2,100 hours of service to local community organizations. |
|
TI recently marked the one-year anniversary of its acquisition of National Semiconductor, which united the two technology companies that are not only aligned from a business standpoint, but also share a commitment to giving back to the community.
Integrating National into TI's business has deepened the company's already strong foundation in analog technology, brought about advances in many areas and provided TI a new presence in several communities across the globe.
Now TI's new business unit, known as TI Silicon Valley Analog (SVA), is based in Santa Clara and led by TI senior vice president Dave Heacock, who was recently featured in Silicon Valley Community Foundation's ONE: Innovation Through Philanthropy magazine where he discussed TI's philanthropic philosophy and its work in Silicon Valley.
Community involvement, investment
This year TI took a number of actions to support local community efforts in TI sites outside of Dallas including establishing the TI Community Fund which is managed through the Silicon Valley
Community Foundation
Through this fund, TI not only maintained all grants committed to prior to the acquisition, but also announced a $1 million investment in the TI Power of STEM Education Initiative.
|
| Texas Instruments Silicon Valley Analog executives raise money and awareness for the United Way Silicon Valley. |
|
The initiative finances innovative programs that enhance teacher effectiveness and increase student achievement in science, technology, engineering and math in TI's new communities in California, Maine, Malaysia and Scotland.
The "spirit of giving back" continued full force after the acquisition in the new TI communities. This is especially true in Silicon Valley where 786 volunteers have donated more than 2,100 hours of service to the community, a 23 percent increase over the year before. TI and its employees continue to expand their involvement by sponsoring the company's first United Way campaign, which will bring in tens of thousands of dollars in new contributions to Silicon Valley health and human service organizations.
With its increased presence in Silicon Valley, TI also has the opportunity for closer collaboration with customers and universities there, and access to the region's innovative engineering talent. TI continues to fund and partner with universities such as the University of California at Berkeley (UC Berkeley) and Stanford to strengthen key engineering undergraduate programs. In May for example, TI's $2.2 million donation kicked off the transformation for a state-of-the art lab at UC Berkeley, which is set for unveiling in the spring of 2013.
The company is also doubling internships for undergraduate engineering students this year, drawing top talent from local universities, including UC Berkeley and Stanford.
|