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HP Inc. is an American multinational information technology company headquartered in Palo Alto, California, United States. The company has subsidiaries based in countries across the world, with many of them being companies previously acquired by HP.
This move enabled HP to enter the plotter market, the precursor to its leading role in the printer business. [4] In 1989, HP purchased Apollo Computer for US$476 million, [5] [6] enabling HP to become the largest supplier of computer workstations. [5] In 1995, the company bought another computer manufacturer, Convex Computer, for $150 million. [7]
HP's business computers are marketed under the "Pro" and "Elite" prefixes. It also manufactures the DeskJet, OfficeJet, LaserJet, and Envy series of printers. In the professional space, HP market the HP Z series of desktop workstations and its mobile equivalent, HP ZBook.
HP's stock dropped by about a further 40% after the company abruptly announced a number of decisions: to discontinue its webOS device business (mobile phones and tablet computers), the intent to sell its personal computer division (at the time HP was the largest personal computer manufacturer in the world), and to acquire British big data ...
HP Inc. retained the old HP's personal computer and printing business, as well as its stock-price history and original NYSE ticker symbol for Hewlett-Packard; Enterprise trades under its own ticker symbol: HPE. At the time of the spin-off, HPE's revenue was slightly less than that of HP Inc. [3]
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The global market leader has been Lenovo in every year since 2013, followed by HP and Dell. Previously, Compaq was the global market leader in the late 1990s until the year 2000, while HP and Dell shared market leadership in the 2000s. For data about PC vendors' market shares in laptop computers specifically, see Laptop#Historic market share.
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