Hewlett-Packard
American information technology company (1939–2015) / From Wikipedia, the free encyclopedia
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The Hewlett-Packard Company, commonly shortened to Hewlett-Packard (/ˈhjuːlɪt ˈpækərd/ HYEW-lit PAK-ərd) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services to consumers, small and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors. The company was founded in a one-car garage in Palo Alto by Bill Hewlett and David Packard in 1939, and initially produced a line of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue is now designated an official California Historical Landmark, and is marked with a plaque calling it the "Birthplace of 'Silicon Valley'".
Final logo used from 2012 to 2015 | |
 HP's headquarters in Palo Alto, California, in 2013 | |
| Type | Public |
|---|---|
| NYSE: HPQ (2002–2015) | |
| Industry | |
| Founded | July 2, 1939; 83 years ago (1939-07-02) |
| Founders | |
| Defunct | November 1, 2015; 7 years ago (2015-11-01) |
| Fate | Split into HP Inc. and Hewlett Packard Enterprise |
| Successors | |
| Headquarters | , U.S. |
Area served | Worldwide |
| Products | List of Hewlett-Packard products |
| Revenue | 2,000,000,000 United States dollar (2015)  |
| Subsidiaries | List of subsidiaries |
The company won its first big contract in 1938 to provide the HP 200A, a low distortion frequency oscillator [1] for Walt Disney's production of the animated film Fantasia, which allowed Hewlett and Packard to formally establish the Hewlett-Packard Company on July 2, 1939.[2] The company grew into a multinational corporation widely respected for its products. HP was the world's leading PC manufacturer from 2007 until the second quarter of 2013, when Lenovo moved ahead of HP.[3][4][5] HP specialized in developing and manufacturing computing, data storage, and networking hardware; designing software; and delivering services. Major product lines included personal computing devices, enterprise and industry standard servers, related storage devices, networking products, software, and a range of printers and other imaging products. The company directly marketed its products to households; small- to medium-sized businesses and enterprises, as well as via online distribution; consumer-electronics and office-supply retailers; software partners; and major technology vendors. It also offered services and a consulting business for its products and partner products.
In 1999, HP spun off its electronic and bio-analytical test and measurement instruments business into Agilent Technologies; HP retained focus on its later products, including computers and printers. It merged with Compaq in 2002, and acquired Electronic Data Systems in 2008, which led to combined revenues of $118.4 billion that year and a Fortune 500 ranking of 9 in 2009. In November 2009, HP announced its acquisition of 3Com,[6] and closed the deal on April 12, 2010.[7] On April 28, 2010, HP announced its buyout of Palm, Inc. for $1.2 billion.[8] 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.[9]
On November 1, 2015, the company spun off its enterprise products and services business Hewlett Packard Enterprise. HP retained the personal computer and printer businesses and was renamed HP Inc.[10]