Hewlett-Packard Net Worth is$48.4 B
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Type: Public company
Traded As: HPQ, S&P 500
Founder: Bill Hewlett, David Packard
Foundation: 1939 (Palo Alto)
Location City: Palo Alto, California, California
Location Country: United States
Area Served: Worldwide
Key People: Raymond J. Lane, (President and CEO)
Industry: Personal computer hardware, Information technology consulting
Products: See List of Hewlett-Packard products.
Revenue: {{Decrease US$ 120.357 billion (2012) Operating Income: net income
Assets: equity
Num Employees: 349,600 (2011) Divisions: Financing, Hardware, Services, Software
Subsid: List of acquisitions by Hewlett-Packard
Homepage: http://www.hp.com//HP.com
Coordinates: 37A?24a??49a??N 122A?08a??42a??Wi>>? / i>>?37.413579A?N 122.14508A?Wi>>? / 37.413579; -122.14508
Hewlett-Packard Company (NYSE: HPQ) or HP is an American multinational information technology corporation headquartered in Palo Alto, California, United States. It provides products, technologies, software, solutions and services to consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors.
The company was founded in a one-car garage in Palo Alto by William (Bill) Redington Hewlett and Dave Packard. HP had been the world's leading PC manufacturer until the company Lenovo, based in China, became the world's leading PC manufacturer in 2012, according to Gartner. It specializes in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services. Major product lines include personal computing devices, enterprise, and industry standard servers, related storage devices, networking products, software and 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. HP also has strong services and consulting business around its products and partner products.
Major company events have included the spin-off of part of its business as Agilent Technologies in 1999, its merger with Compaq in 2002, and the acquisition of EDS in 2008, which led to combined revenues of $118.4 billion in 2008 and a Fortune 500 ranking of 9 in 2009. In November 2009, HP announced the acquisition of 3Com, with the deal closing on April 12, 2010. On April 28, 2010, HP announced the buyout of Palm for $1.2 billion. On September 2, 2010, HP won its bidding war for 3PAR with a $33 a share offer ($2.07 billion), which Dell dec

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