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Hewlett-Packard logo. A welcome sign at the main entrance of the HP headquarters in Palo Alto. Hewlett-Packard, commonly referred to as HP, was an electronics technology company based in Palo Alto, California. Before its 2015 split into two companies, it was known as a leading developer and manufacturer of personal computers, enterprise servers ...
In 1938, Packard and Hewlett began part-time work in a rented garage with an initial capital investment of US$538 (equivalent to $11,645 in 2023). In 1939, Hewlett and Packard decided to formalize their partnership. They tossed a coin to decide whether the company they founded would be called Hewlett-Packard (HP) or Packard-Hewlett. [12]
The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company. HP Inc. retains Hewlett-Packard's pre-2015 stock price history and its former stock ticker symbol, HPQ, while Hewlett Packard Enterprise trades under its own symbol, HPE. [4] [7]
The ProLiant brand was acquired by HP in 2002 during their merger with Compaq and later acquired by Hewlett Packard Enterprise in 2015. Unlike with the NetServer-based ProLiant entry-level servers made by HP, these servers listed below are based on Compaq's former ProLiant line from 1993–2002 and do come with SmartStart and Compaq's Insight ...
The media descended upon HP headquarters on September 22, 2006. On September 5, 2006, Newsweek revealed [1] that the general counsel of Hewlett-Packard, at the behest of HP chairwoman Patricia Dunn, had contracted a team of independent security experts to investigate board members and several journalists in order to identify the source of an information leak. [2]
Autonomy was acquired by Hewlett-Packard (HP) in October 2011. The deal valued Autonomy at $11.7 billion (£7.4 billion). Within a year, HP had written off $8.8 billion of Autonomy's value. [1] HP claimed this resulted from "serious accounting improprieties" and "outright misrepresentations" by the previous management.
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. HPE was founded on November 1, 2015, in Palo Alto, California , as part of the splitting of the Hewlett-Packard company. [ 2 ]