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Hewlett-Packard Company or HP is an American multinational information technology corporation headquartered in Palo Alto, California, United States.

Bill Hewlett and Dave Packard became friends at Stanford University before forming a two-person company in a rented garage—the original Silicon Valley startup. Working with limited resources, the pair created a series of products—starting with audio oscillators used by sound engineers—sometimes using the Packard family oven to put on finishing touches. Their efforts impressed Walt Disney Studios, one of HP’s early customers, and set the course for a legacy of innovation and leadership.

From its origins in a Palo Alto garage to its current position as one of the world’s leading technology companies, HP has grown and evolved significantly since its founding in 1939. HP is a company unlike any other. It’s a fact underscored by their reach across consumer, small and medium-size business (SMB) and enterprise customer segments; by HP’s presence and leadership in key regions around the world; and by their uniquely rich technology portfolio.

HP is focused on helping people apply technology in meaningful ways to their businesses, personal lives and communities. HP’s annual R&D investment of nearly $4 billion (USD) fuels the invention of products, solutions and new technologies, so that they can better serve customers and enter new markets. HP produces an average of 11 patents a day worldwide. In addition to the R&D and innovation in their product and services groups, HP Labs provides a central research function for the company. HP Labs is focused on inventing new technologies that change markets and create business opportunities.

Success hinges on consistency of leadership, focus, execution, and most importantly, great products and services

Meg Whitman – HP President and CEO

Fast Facts

  • HP was founded in 1939.
  • Corporate headquarters are in Palo Alto, Calif.
  • HP serves more than 1 billion customers in more than 170 countries on six continents.
  • HP has approximately 349,600 employees worldwide.
  • HP’s fiscal 2013 net revenue was $112.3 billion.
  • HP’s 2013 Fortune 500 ranking: No. 15.
  • HP’s President and CEO is Margaret C. Whitman.

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Learn more about HP: www.hp.comStanford University classmates Bill Hewlett and Dave Packard founded HP in 1939. The company’s first product, built in a Palo Alto garage, was an audio oscillator—an electronic test instrument used by sound engineers. One of HP’s first customers was Walt Disney Studios, which purchased eight oscillators to develop and test an innovative sound system for the movie Fantasia.

HP is a company unlike any other. It’s a fact underscored by our reach across consumer, small and medium-size business (SMB) and enterprise customer segments; by our presence and leadership in key regions around the world; and by our uniquely rich technology portfolio.

We are focused on helping people apply technology in meaningful ways to their businesses, personal lives and communities. Our annual R&D investment of nearly $4 billion (USD) fuels the invention of products, solutions and new technologies, so that we can better serve customers and enter new markets. We produce an average of 11 patents a day worldwide. In addition to the R&D and innovation in our product and services groups, HP Labs provides a central research function for the company. HP Labs is focused on inventing new technologies that change markets and create business opportunities.

Millions of people around the world use HP technology every day. We’re the largest consumer IT company, the world’s largest SMB IT company and a leading enterprise IT company. For more than 100 million cell phone subscribers, it is HP software that identifies them when they turn on their phones and allows them to place calls. HP powers 100 of the world’s stock and commodity exchanges, including the New York Stock Exchange and 14 of the world’s largest trading markets. In response to customer needs and the changing market conditions, we have built a breadth and depth of portfolio unequaled in the industry. HP technology now ranges from consumer handheld devices all the way to some of the world’s largest and most powerful supercomputer installations.

Our strategy is to offer products, services and solutions that are high tech, low cost and deliver the best customer experience. No other company has the portfolio, people and expertise to deliver on all three.

The merger with Compaq Computer Corporation forged a dynamic, powerful team of 145,000 employees doing business in more than 170 countries. Revenues were $86 billion (USD) for the fiscal year that ended October 31, 2005. President and CEO LÉO APOTHEKER leads HP, which has corporate headquarters in Palo Alto, California.

Website: www.hp.com.au