The Hewlett-Packard Company (Commonly Known As as HP) Was An American Multinational Information Technology Company Headquartered In Palo Alto, California. Hp Developed and Provide A Wide Variety Of Hardware Components As Well As Software Components. This Company Was Founded In A One-Car garage In Palo Alto by William "Bill" Redington Hewlett and David "Dave" Packard. HP Was The World's Leading PC Manufacturer From 2007 to 2013 After Which Lenovo Ranked Ahead Of HP. Hp Specialized In Developing And Manufacturing Computing, Data storage, And Networking Hardware, Designing Software, And Delivering services.
Hp Merges With Compaq in 2002, And With The Acquisition Of EDS in 2008, Which Led To Combined Revenues of $118.4 billion In 2008 And A Fortune 500 ranking of 9 in 2009. In November 2009, HP announced the acquisition of 3Com With The Deal Closing On April 12, 2010. On April 28, 2010, HP Announced The Buyout of Palm, Inc. for $1.2 billion. On September 2, 2010, HP Won Its Bidding War For 3PAR with a $33 a share offer ($2.07 billion), Which Dell Declined to Match.
On October 6, 2014, Hewlett-Packard announced Plans To Split The PC and Printers Business From Its Enterprise Products And Services Business. The split closed on November 1, 2015, And Resulted In Two Publicly Traded Companies.
Founder
Bill Hewlett and Dave Packard Graduated With Degrees In Electrical engineering From Stanford University in 1935. The company Originated In A Garage In Nearby Palo Alto During A Fellowship They Had With a Past Professor, Frederick Terman At Stanford During The Great Depression. In 1939, Packard and Hewlett Established Hewlett-Packard (HP) in Packard's Garage With An Initial Capital Investment Of US$538. Hewlett and Packard Tossed A Coin To decide Whether The company They Founded Would Be Called Hewlett-Packard or Packard-Hewlett.
Locations
HP ES operates in 60 countries, centered in the metropolitan areas of Dallas-Fort Worth; Detroit; Des Moines and Clarion, Iowa; Salt Lake City; Indianapolis; Winchester, Kentucky; Tulsa, Oklahoma; Boise, Idaho, and Northern Virginia in the United States.
Other Major Facilities Are In
- Argentina,
- Colombia,
- Costa Rica,
- India,
- Brazil,
- Mexico,
- Canada,
- Egypt,
- Germany,
- The United Kingdom,
- Australia,
- New Zealand,
- Hungary,
- Slovakia,
- Spain,
- Israel,
- South Africa,
- Italy,
- Malaysia
- The Philippines.
More Details
Former type
| Public |
|---|---|
| Traded as | NYSE: HPQ |
| Industry | Computer hardware Computer software IT services IT consulting |
| Fate | Split into two companies |
| Successor | HP Inc. and Hewlett-Packard Enterprise |
| Founded | January 1, 1939 |
| Founder | William Redington Hewlett,Dave Packard |
| Defunct | November 1, 2015 |
| Headquarters | Palo Alto, California,United States |
Area served
| Worldwide |
| Products | See a list of HP products. |
| Revenue |  US$ 111.454 billion (2014) |
Operating income
| US$ 7.185 billion (2014) |
Net income
| US$ 5.013 billion (2014) |
| Total assets | US$ 103.206 billion (2014) |
| Total equity | US$ 26.731 billion (2014) |
Number of employees
| 302,000 (Q2, 2015) |
| Divisions | Financing, Hardware, Services, Software |
| Subsidiaries | List of subsidiaries |