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=== Post-war acquisitions === In 1951, ITT purchased [[Philo Farnsworth]]'s [[television]] company to break into that market. At the time, Farnsworth was also developing the [[Fusor]] [[Nuclear fusion|fusion reactor]], which was funded by ITT until 1967.<ref>{{cite web|last1= Farnsworth|first1=Emma|title=Farnsworth, Philo T. and Elma G.|url= http://trove.nla.gov.au/work/23940752?q=+&versionId=28954127|publisher=J. Willard Marriott Library, University of Utah|access-date=8 July 2014|url-status=dead|archive-url= https://web.archive.org/web/20140714150139/http://trove.nla.gov.au/work/23940752?q=+&versionId=28954127|archive-date= 14 July 2014}}</ref> Also in 1951, ITT bought a majority interest in the [[Kellogg Switchboard & Supply Company]] (founded in 1897 as a pioneer in "divided-multiple" [[telephone switchboard]]s) and bought the remaining shares the next year. ITT changed the company's name to ITT Kellogg. After merging [[Federal Telephone and Radio Corporation]] into ITT Kellogg and combining manufacturing operations the name again changed to '''ITT Telecommunications''', eventually reverting to '''ITT Kellogg'''. One prominent subsidiary of this was the [[American Cable and Radio Corporation]], which operated the [[Transatlantic communications cable|transatlantic cables]] of the [[Commercial Cable Company]], among other ventures. It bought [[Philadelphia]]-based heating and air-conditioning manufacturer John J. Nesbitt Inc. In 1968, the company purchased Levittown homebuilder [[Levitt & Sons]] for a reported $90 million. In 1972 the KONI Group,<ref>{{cite web|url=http://www.koni.com/company-link-header/profile/history/|title= KONI shock absorbers|url-status=dead|archive-url= https://web.archive.org/web/20150518032714/http://www.koni.com/company-link-header/profile/history/|archive-date=2015-05-18}}</ref> manufacturer of shock absorbers was added to the list of ITT's acquisitions.
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