Revenue: Over $5 Billion
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About Smith International Inc.
Smith International Inc. used to be a strong Fortune 500 name in the manufacturing industry of natural gas and oil equipment. Furthermore, it also used to provide associated services and consultancy. The company was created in 1937. It is currently based in Harris County, Texas.
It employs about 20,000 individuals and has a yearly revenue of $10.7 billion. However, Smith International Inc. is no longer an independent service. It was acquired by Schlumberger in 2010.
While valued at $11.3 billion, this was the highest expense ever made by Schlumberger. The company has managed to maintain its name, profile and headquarters though.
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