Live in USA
Hewlett-Packard Company or HP is an American multinational information
technology corporation headquartered in Palo Alto, California, United States. It
provides hardware, software and 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 William "Bill" Redington Hewlett and Dave Packard. HP is the world's leading PC manufacturer and has been since 2007, fending off a challenge by Chinese manufacturer Lenovo, according to Gartner.2 It specializes in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services. Major product lines include personal computing devices, enterprise and industry standard servers, related storage devices, networking products, software and a diverse range of printers and other imaging products. HP markets its products to households, small- to medium-sized businesses and enterprises directly as well as via online distribution, consumer-electronics and office-supply retailers, software partners and major technology vendors. HP also has strong services and consulting business around its products and partner products. In 2012 it was the world's largest PC vendor by unit sales.3
Major company events have included the spin-off of part of its business as Agilent Technologies in 1999, its merger with Compaq in 2002, the sponsor of Mission: Space in 2003, and 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,4 with the deal closing on April 12, 2010.5 On April 28, 2010, HP announced the buyout of Palm, Inc. for $1.2 billion.6 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.7
As of January 2014, Hewlett-Packard's market capitalization stood at slightly over $55 billion.8 Founded in 1939 in a Palo Alto garage with $538 in startup money, HP is often referred to as the earliest ancestors of a Silicon Valley startup.9 It is acknowledged to be one of the most successful startup companies of all time by market cap, revenue, growth, and cultural impact.
Of the many projects they worked on, their very first financially successful product was a precision audio oscillator, the Model HP200A. Their innovation was the use of a small incandescent light bulb (known as a "pilot light") as a temperature dependent resistor in a critical portion of the circuit, the negative feedback loop which stabilized the amplitude of the output sinusoidal waveform. This allowed them to sell the Model 200A for $54.40 when competitors were selling less stable oscillators for over $200. The Model 200 series of generators continued until at least 1972 as the 200AB, still tube-based but improved in design through the years. Download