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Founding of Hewlett-Packard Company

Bill Hewlett and Dave Packard founded Hewlett-Packard (HP) in 1939 in Packard's garage in Palo Alto, California with an initial investment of $538. HP originated during a fellowship they had with Frederick Terman at Stanford University during the Great Depression. HP incorporated in 1947 and went public in 1957. Today, HP is a multinational information technology corporation headquartered in Palo Alto, California that specializes in computing, data storage, and networking hardware, software, and services.

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32 views3 pages

Founding of Hewlett-Packard Company

Bill Hewlett and Dave Packard founded Hewlett-Packard (HP) in 1939 in Packard's garage in Palo Alto, California with an initial investment of $538. HP originated during a fellowship they had with Frederick Terman at Stanford University during the Great Depression. HP incorporated in 1947 and went public in 1957. Today, HP is a multinational information technology corporation headquartered in Palo Alto, California that specializes in computing, data storage, and networking hardware, software, and services.

Uploaded by

Ravi Rawat
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

HP

HEWLETT PACKARD

FOUNDERS OF HEWLETT PACKARD

HP founders Bill Hewlett and David Packard

Bill Hewlett and Dave Packard graduated in electrical engineering from Stanford
University in 1935. The company originated in a garage in nearby Palo Alto during a
fellowship they had with a past professor, Frederick Terman at Stanford during the
Great Depression. Terman was considered a mentor to them in forming Hewlett-
Packard. In 1939, Packard and Hewlett established Hewlett-Packard (HP) in
Packard's garage with an initial capital investment of US$538. Hewlett and Packard
tossed a coin to decide whether the company they founded would be called Hewlett-
Packard or Packard-Hewlett Packard won the coin toss but named their electronics
manufacturing enterprise the "Hewlett-Packard Company". HP incorporated on
August 18, 1947, and went public on November 6, 1957.
Hewlett-Packard Company commonly referred to as HP, is an American
multinational information technology corporation headquartered in Palo Alto,
California, USA. HP is one of the world's largest information technology companies
and operates in nearly every country. HP specializes in developing and
manufacturing computing, data storage, and networking hardware, designing
software and delivering services. Major product lines include personal computing
devices, enterprise servers, related storage devices, as well as 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.

COMPANY PROFILE

Hewlett-Packard Company

Public (NYSE: HPQ)


Type
Dow Jones Industrial Average component

Computer Software
IT consulting
IT Services
Industry
Computer Systems
Computer Peripherals

Founded Palo Alto, California (1939)

Bill Hewlett
Founder(s)
David Packard

Headquarters Palo Alto, California, USA

Area served Worldwide


Computer Monitors
Digital Cameras
Enterprise Software
Indigo Digital Press
Mobile Phones
Networking
Products
Personal Computers and Laptops
Personal Digital Assistants
Printers
Scanners
Servers
Storage
Televisions
Telecommunications hardware and software

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