Hewlett-Packard is an American global information technology company, popularly referred to as HP was named after its founders William Redington Hewlett and David Packard and was founded in 1939, in a two car garage in Palo Alto, California in the United states, where its headquarters is till present day. The company is into the development and provision of a wide variety of hardware components as well as software and related services to small and medium-sized enterprises, large businesses and consumers in general, including customers in the health, education sectors and the government. The brand started with a line of electronic test equipment in the garage and then HP was the world's leading manufacturer in PCs from 2007 to quarter 2 in 2013 after which rival companyLenovo ranked ahead of HP. HP has specialized in the manufacturing and developing of computing products, data storage, hardware, networking, software, designing and delivering services. Its major product lines are personal computing devices, enterprise and industry standard servers, related storage devices, networking, products, a diverse range of printers and other imaging products. HP markets its products directly to small and medium businesses and enterprises both through online and offline distribution channels, office-supply and consumer-electronics retailers, software partners and major technology vendors.
HP also has services and consulting business around its products and partner products. The brand merged with Compaq in 2021 and acquired Electronic Data Systems (EDS) in 2008. It was ranked as 9th in 2009 Fortune 500 list when it had a revenue of $118.4 billion in 2008. In April 2010 HP acquired 3Com and also bought out Palm Inc for $1.2 billion. HP also won the bidding war against Dell for 3PAR is September 2010. If there is anything that we are sure of is that HP isn't stopping in its track of global domination of the computing industry.
In October 2014, HP announced that its plans to spilt the PC and printers business from its enterprise products and services businesses. The spilt is meant to be concluded by October 2015 and this will result in two publicly traded companies, Hewlett Packard Enterprise (HPE) and HP Inc. (HPQ).
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