Hewlett Packard, Hewlett Packard Company

History

Hewlett-Packard (HP) was founded in 1939 by Bill Hewlett and Dave Packard. Gradually the company grew and matured, going public in 1957. HP has introduced many new products to the market - their technological innovation has been a hallmark of success over the years. In the 1980s, HP became a major player in the computer industry. Today, HP is a leading global provider of products, technologies, solutions and services to consumers and businesses.

Mission

The corporate objectives of Hewlett-Packard are:

Customer Loyalty
Profit

Market Leadership

Growth

Employee Commitment

Leadership Capability

Global Citizenship

Area of Operation

The businesses sectors of Hewlett-Packard are:

IT infrastructure
Personal Computing
Access Devices
Global Services
Imaging and Printing
Financial Services
Education & Training
Other Services

Key Statistics

HP holds assets of $81.98 billion.
HP made profits of $6.20 billion in 2006.
HP operates in more than 170 countries around the world and has 156,000 employees.

Organization

The organization is controlled by:

President and CEO
Executives

International Ranking

Hewlett-Packard ranks 67th in the world according to Forbes Magazine, and 33rd on the Fortune Global 500 list.

Subsidiaries

HP has three business groups:

The Personal Systems Group
The Imaging and Printing Group
The Technology Solutions Group

Recent Merger and Acquisition

In April 2005, HP acquired online photo service Snapfish.
On May 3, 2002, HP completed its merger transaction with Compaq Computer Corp., the largest tech merger in history.

Headquarter Address

Hewlett-Packard Co
3000 Hanover Street
Palo Alto, CA 94304
USA
Phone: (650) 857-1501
Fax: (650) 857-5518
Website URL: www.hp.com