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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 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 ]
The company was formed on November 1, 2015, as the legal successor of the original Hewlett-Packard Company after the company's enterprise product and business services divisions were spun off as a new publicly traded company, Hewlett Packard Enterprise. [4] HP is listed on the New York Stock Exchange and is a constituent of the S&P 500 Index.
In May 2008, Hewlett-Packard Co. confirmed that it had reached a deal with EDS to acquire the company for $13.9 billion (~$19.3 billion in 2023). [8] The deal was completed on August 26, 2008. EDS became an HP business unit and was temporarily renamed "EDS, an HP company".
The company was founded by Bill Hewlett and Dave Packard in a small garage on January 1, 1939, initially producing a line of electronic test and measurement equipment. [2] As of 2012, Hewlett-Packard had made a total of 129 acquisitions since 1986; [3] The majority of companies acquired by HP were based in the United States.
Hewlett-Packard announced the completion of merger on May 3, 2002, [118] and the merged HP-Compaq company was officially launched on May 7. [119] Compaq's pre-merger ticker symbol was CPQ. This was combined with Hewlett-Packard's ticker symbol (HWP) to create the current ticker symbol (HPQ), which was announced on May 6. [120]
HP Inc., an American technology company Hewlett-Packard, the predecessor to HP before the 2015 split; Hewlett Packard Enterprise, the other company created as a result of the split
Hewlett‑Packard Company Archives LLC Hewlett‑Packard Development Company, L.P. Hewlett‑Packard Enterprises, LLC Hewlett‑Packard Products CV 1, LLC Hewlett‑Packard Products CV 2, LLC Hewlett‑Packard World Trade, LLC HP Hewlett Packard Group LLC HPI Bermuda Holdings LLC HPI Brazil Holdings LLC HPI CCHGPII Sub LLC HPI CCHGPII LLC