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Ideas into Gold. R-W's type of success can be found again and again in the industry. Among the new successes: &#182Varian Associates was founded in 1948 in Palo Alto, Calif, by Physicist Russell and Engineer Sigurd Varian as a company that had "nothing to offer but advanced technology and ideas." Today, as the biggest producer of the klystron tube, which guides Air Force missiles and irradiates Army food, Varian has grown from seven employees to 1,230, did an annual business of $11 million in 1956. Estimated 1957 sales: up another 27% to $14 million...

Author: /time Magazine | Title: ELECTRONICS: The New Age | 4/29/1957 | See Source »

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