Can you tell me the history of Silly Putty?

Silly Putty was discovered in 1943 by James Wright who mixed boric acid and silicone oil together. It was introduced to the public in 1950 by Peter Hodgson. Crayola acquired the exclusive manufacturing rights to Silly Putty in 1977. The formulas are considered proprietary. The history of Silly Putty was featured on The History Channel and can be viewed by clicking here.