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ITT Technical Institute (ITT Tech) was a private for-profit technical institute with its headquarters in Carmel, Indiana and many campuses throughout the United States. Founded in 1969 and growing to 130 campuses in 38 states of the United States, ITT Tech was one of the largest for-profit educators in the US before it closed in 2016.
The announcement, which affects 40,000 students and 8,000 employees, is one of the largest college closures in US history.
ITT was founded as the small communications company Puerto Rico Telephone Company by brothers Sosthenes and Hernan Behn. Through a series of business and patent acquisitions, the company grew and was renamed International Telephone and Telegraph in 1920. [5] ITT continued to grow before appointing Harold Geneen as CEO in 1959. Until his ...
ITT Hartford – Today, ITT Hartford is still a major insurance company, although it has dropped the ITT from its name altogether. The company is now known as The Hartford Financial Services Group, Inc. ITT Industries – ITT operated under this name until 2006 and is a major manufacturing and defense contractor business.
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EDO Corporation was an American company which was acquired by ITT Corporation in 2007. EDO designed and manufactured products for defense, intelligence, and commercial markets, and provided related engineering and professional services. It employed 4,000 people worldwide and had revenues of $715 million in 2006.
It was a nonprofit college until 2009, when ITT Educational Services, Inc. bought it and converted it to a for-profit model. [1] ITT declared bankruptcy in September 2016. [ 2 ] It was operated through the 2016–17 academic year by Southern New Hampshire University , [ 3 ] after which the college was closed.
The company was purchased by ITT in 1964. [1] By the 1970s they were a leading manufacturer of mid-range systems in the US. Among their better-known lines from this period is the ITT-Gilfillan S320 radar, used as the basis for many US military radars, the PAR-2000 and GCA-2000 air traffic radars, the MPN-26 mobile PAR, and a range of airport ...