Introduction
HP.com is the official website of Hewlett-Packard, a multinational technology company that specializes in providing computing products and services. The company was founded by Bill Hewlett and David Packard in 1939, and it has since grown to become one of the largest providers of IT products worldwide.
HP offers a wide range of products for businesses and consumers alike, including personal computers (PCs), printers, servers and storage devices; software applications; networking equipment such as switches/routers/modems; tablets/laptops/smartphones running Google’s Android operating system; cloud services like email hosting or virtualization solutions; data center solutions such as blade servers or converged infrastructure systems (CIS).
Company Profile
HP was founded in 1939 by William Hewlett and David Packard. The company started out making test equipment, but eventually branched out into other areas like calculators and computers.
In 2002, HP acquired Compaq Computer Corporation (formerly known as Digital Equipment Corporation) which brought more than 100,000 new employees under its umbrella.
The name “Hewlett-Packard” was chosen to honor both founders’ first names: William Hewlett and David Packard.
Products and Services
HP is a multinational company that produces hardware and software products for the personal computer (PC) market. It was founded in 1939 by William Hewlett and David Packard, who were both electrical engineers at Stanford University. The company’s name comes from their initials: H for Hewlett, P for Packard and HP for “Hewlett-Packard”.
The company has its headquarters in Palo Alto, California where it also has one of its largest manufacturing facilities. It has offices around the world including China; France; Germany; India; Ireland; Israel; Japan; Korea; Mexico; Singapore – South Africa – Taiwan – Thailand – United Kingdom – Vietnam
Analysis
HP is one of the largest technology companies in the world, with a market capitalization of over $100 billion. The company has been around since 1939 and has grown from its initial roots as a printer manufacturer into an enterprise that produces everything from personal computers to servers and networking equipment for businesses around the globe.
HP’s history is marked by periods of rapid growth and expansion, followed by periods of retrenchment as it adjusts its focus on new technologies or markets. HP has made several acquisitions over its lifespan, including Compaq Computer Corporation (2001) and Electronic Data Systems (2008).
Growth and Expansion
In the early 2000s, HP began a series of acquisitions and mergers that greatly expanded its portfolio of products. In 2002, the company purchased Compaq Computer Corporation for $25 billion in cash and stock; this acquisition made HP one of the largest computer manufacturers in the world by market share. In 2008, HP acquired Electronic Data Systems (EDS) for $13 billion in cash; EDS was later spun off as an independent company under its own management after being acquired by Hewlett Packard Enterprise on November 1st 2015.
In addition to these major acquisitions/mergers, HP also grew through geographic expansion: starting with offices in California and New York City during its early years as a startup company until today where there are over 250 locations around the world including countries such as China where they opened their first office outside North America back in 1993 before expanding into other Asian countries like Japan or Singapore later on down south towards Australia too!
Source : Google
Editor by : Softwarehubs