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Submitted by on Aug 8, 2021

Hewlett-Packard Company was an American multinational information technology company headquartered in Palo Alto, California that developed and provided a wide variety of hardware components and software and related services to consumers, small and medium-sized businesses (SMBs), and large enterprises.

Bill Hewlett and David Packard started the firm in a one-car garage in Palo Alto, California, in 1939 and initially manufactured a range of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue has been recognized as a California Historic Landmark, and a plaque proclaims it to be the “Birthplace of “Silicon Valley.”

In 1938, the firm received its first major contract, supplying test and measurement tools for Walt Disney’s viral animated film Fantasia. On July 2, 1939, Hewlett and Packard formally established their Hewlett-Packard Company due to their success. The company evolved into a multinational corporation recognized for its products and the HP Way management style and culture, replicated by other businesses worldwide. From 2007 through the second quarter of 2013, HP was the world’s top PC manufacturer, then Lenovo overtook HP.

HP specialized in the development and manufacture of computer, data storage, and networking hardware and the creation and delivery of software and services. Personal computer devices, enterprise, and industry-standard servers, associated storage devices, networking equipment, software, and a wide variety of printers and other image products were among the company’s major product lines.

HP sold its goods directly to consumers, small and medium-sized businesses, corporations, and through online distribution, consumer electronics and office supply stores, software partners, and large technology companies. For its own and partner products, HP also provided services and a consultancy company.

Hewlett-Packard Company split off its electrical and bio-analytical test and measurement equipment business as Agilent Technologies in 1999, allowing HP to concentrate on its later products, such as computers and printers. In 2002, it merged with Compaq, then in 2008, it bought EDS, resulting in combined revenues of $118.4 billion and a Fortune 500 position of 9 in 2009.

HP announced its acquisition of 3Com in November 2009, with the deal completing on April 12, 2010. HP announced the purchase of Palm, Inc. for $1.2 billion on April 28, 2010. HP won the bidding war for 3PAR on September 2, 2010, with a $33 per share ($2.07 billion) offer, which Dell rejected to match.

Hewlett Packard Enterprise, the company’s enterprise products, and services division, was spun off on November 1, 2015. Hewlett-personal Packard’s a computer and printer divisions were preserved, and the company was renamed HP Inc.

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