Hewlett-Packard: Difference between revisions

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The company won its first big contract in 1938 to provide the [[HP 200B]], a variation of its first product, the [[HP 200A]] low-distortion frequency oscillator<ref>{{Cite web |title=History and Facts: The beginning |url=https://www.hpmemoryproject.org/wa_pages/wall_a_page_00.htm |access-date=2023-01-20 |website=www.hpmemoryproject.org}}</ref> for [[Walt Disney]]'s production of the 1940 animated film ''[[Fantasia (1940 film)|Fantasia]]'', which allowed Hewlett and Packard to formally establish the Hewlett-Packard Company on July 2, 1939.<ref>{{Cite web|url=https://www.hpe.com/us/en/about/history/innovation-gallery/008-product.html|title=Innovation Gallery - Model 200B Audio Oscillator, 1939|access-date=May 9, 2024|website=Hewlett-Packard Enterprise|archive-url=https://web.archive.org/web/20230922172936/https://www.hpe.com/us/en/about/history/innovation-gallery/008-product.html|archive-date=September 22, 2023|url-status=live}}</ref> The company grew into a [[multinational corporation]] widely respected for its products. HP was the world's [[Market share of personal computer vendors|leading PC manufacturer]] from 2007 until the second quarter of 2013, when [[Lenovo]] moved ahead of HP.<ref>{{cite web |last=Kobie |first=Nicole |url=http://www.pcpro.co.uk/news/379297/hp-regains-pc-lead-over-lenovo |title=HP regains PC lead over Lenovo |website=PC Pro |date=January 14, 2013 |access-date=April 27, 2013 |archive-url=https://web.archive.org/web/20130410034352/http://www.pcpro.co.uk/news/379297/hp-regains-pc-lead-over-lenovo |archive-date=April 10, 2013 |url-status=dead}}</ref><ref>{{cite web|last=Montlake |first=Simon |url=https://www.forbes.com/sites/simonmontlake/2013/07/11/lenovo-shares-jump-as-pc-shipments-overtake-hp/ |title=Lenovo Shares Jump As PC Shipments Overtake HP |date=July 11, 2013 |website=Forbes}}</ref><ref name="2014 PC">{{cite press release|date=January 12, 2015|title=Gartner Says Worldwide PC Shipments Grew 1 Percent in Fourth Quarter of 2014|publisher=[[Gartner]]|url=https://www.gartner.com/en/newsroom/press-releases/2015-01-12-gartner-says-worldwide-pc-shipments-grew-1-percent-in-fourth-quarter-of-2014|access-date=October 7, 2020}}</ref> HP specialized in developing and manufacturing computing, data storage, and networking hardware; designing software; and delivering services. Major product lines included personal computing devices, enterprise and industry standard servers, related storage devices, networking products, software, and a range of printers and other imaging products. The company directly marketed its products to households; small- to medium-sized businesses and enterprises, as well as via online distribution; consumer-electronics and office-supply retailers; software partners; and major technology vendors. It also offered services and a consulting business for its products and partner products.
The company won its first big contract in 1938 to provide the [[HP 200B]], a variation of its first product, the [[HP 200A]] low-distortion frequency oscillator<ref>{{Cite web |title=History and Facts: The beginning |url=https://www.hpmemoryproject.org/wa_pages/wall_a_page_00.htm |access-date=2023-01-20 |website=www.hpmemoryproject.org}}</ref> for [[Walt Disney]]'s production of the 1940 animated film ''[[Fantasia (1940 film)|Fantasia]]'', which allowed Hewlett and Packard to formally establish the Hewlett-Packard Company on July 2, 1939.<ref>{{Cite web|url=https://www.hpe.com/us/en/about/history/innovation-gallery/008-product.html|title=Innovation Gallery - Model 200B Audio Oscillator, 1939|access-date=May 9, 2024|website=Hewlett-Packard Enterprise|archive-url=https://web.archive.org/web/20230922172936/https://www.hpe.com/us/en/about/history/innovation-gallery/008-product.html|archive-date=September 22, 2023|url-status=live}}</ref> The company grew into a [[multinational corporation]] widely respected for its products. HP was the world's [[Market share of personal computer vendors|leading PC manufacturer]] from 2007 until the second quarter of 2013, when [[Lenovo]] moved ahead of HP.<ref>{{cite web |last=Kobie |first=Nicole |url=http://www.pcpro.co.uk/news/379297/hp-regains-pc-lead-over-lenovo |title=HP regains PC lead over Lenovo |website=PC Pro |date=January 14, 2013 |access-date=April 27, 2013 |archive-url=https://web.archive.org/web/20130410034352/http://www.pcpro.co.uk/news/379297/hp-regains-pc-lead-over-lenovo |archive-date=April 10, 2013 |url-status=dead}}</ref><ref>{{cite web|last=Montlake |first=Simon |url=https://www.forbes.com/sites/simonmontlake/2013/07/11/lenovo-shares-jump-as-pc-shipments-overtake-hp/ |title=Lenovo Shares Jump As PC Shipments Overtake HP |date=July 11, 2013 |website=Forbes}}</ref><ref name="2014 PC">{{cite press release|date=January 12, 2015|title=Gartner Says Worldwide PC Shipments Grew 1 Percent in Fourth Quarter of 2014|publisher=[[Gartner]]|url=https://www.gartner.com/en/newsroom/press-releases/2015-01-12-gartner-says-worldwide-pc-shipments-grew-1-percent-in-fourth-quarter-of-2014|access-date=October 7, 2020}}</ref> HP specialized in developing and manufacturing computing, data storage, and networking hardware; designing software; and delivering services. Major product lines included personal computing devices, enterprise and industry standard servers, related storage devices, networking products, software, and a range of printers and other imaging products. The company directly marketed its products to households; small- to medium-sized businesses and enterprises, as well as via online distribution; consumer-electronics and office-supply retailers; software partners; and major technology vendors. It also offered services and a consulting business for its products and partner products.


In 1999, HP [[Corporate spin-off|spun off]] its electronic and bio-analytical test and measurement instruments business into [[Agilent Technologies]]; HP retained focus on its later products, including computers and printers. It [[merger|merged]] with [[Compaq]] in 2002, and acquired [[Electronic Data Systems]] in 2008, which led to combined revenues of $118.4&nbsp;billion that year and a [[Fortune 500]] ranking of 9 in 2009. In November 2009, HP announced its acquisition of [[3Com]],<ref name="acquisitions-cement-companys-no-1-status">{{cite web|last=O'Brien |first=Chris |url=https://www.mercurynews.com/2010/04/15/obrien-hps-acquisitions-cement-companys-no-1-status/ |title=HP's acquisitions cement company's No. 1 status |work=San Jose Mercury News |access-date=April 17, 2022 |date=April 15, 2010}}</ref> and closed the deal on April 12, 2010.<ref>{{cite press release|date=April 12, 2010|title=HP Completes Acquisition of 3Com Corporation, Accelerates Converged Infrastructure Strategy|url=https://www8.hp.com/us/en/hp-news/press-release.html?id=342187#.X36X3S9h1VQ|access-date=October 7, 2020|publisher=Hewlett-Packard}}</ref> On April 28, 2010, HP announced its buyout of [[Palm, Inc.]] for $1.2&nbsp;billion.<ref>{{Cite news|url=https://www.nytimes.com/2010/04/29/technology/29palm.html |title=H.P. to Pay $1.2&nbsp;billion for Palm |newspaper=The New York Times |date=April 28, 2010 |first1=Ashlee |last1=Vance |author-link=Ashlee Vance |first2=Jenna |last2=Wortham}}</ref> On September 2, 2010, HP won its [[Bid price|bidding war]] for [[3PAR]] with a $33 a share offer ($2.07&nbsp;billion), which [[Dell]] declined to match.<ref>{{cite news|url=http://www2.journalnow.com/content/2010/sep/03/dell-gives-up-bidding-war-for-3par-inc/business/ |archive-url=https://archive.today/20120126094452/http://www2.journalnow.com/content/2010/sep/03/dell-gives-up-bidding-war-for-3par-inc/business/ |url-status=dead |archive-date=January 26, 2012 |title=Dell gives up bidding war for 3Par Inc. |work=[[Winston-Salem Journal]] |agency=[[Associated Press]] |date=September 3, 2010 |access-date=September 3, 2010}}</ref>
In 1999, HP [[Corporate spin-off|spun off]] its electronic and bio-analytical test and measurement instruments business into [[Agilent Technologies]]; HP retained focus on its later products, including computers and printers. It [[merger|merged]] with [[Compaq]] in 2002, and acquired [[Electronic Data Systems]] in 2008, which led to combined revenues of $118.4&nbsp;billion that year and a [[Fortune 500]] ranking of 9 in 2009. In November 2009, HP announced its acquisition of [[3Com]],<ref name="acquisitions-cement-companys-no-1-status">{{cite web|last=O'Brien |first=Chris |url=https://www.mercurynews.com/2010/04/15/obrien-hps-acquisitions-cement-companys-no-1-status/ |title=HP's acquisitions cement company's No. 1 status |work=San Jose Mercury News |access-date=April 17, 2022 |date=April 15, 2010}}</ref> and closed the deal on April 12, 2010.<ref>{{cite press release|date=April 12, 2010|title=HP Completes Acquisition of 3Com Corporation, Accelerates Converged Infrastructure Strategy|url=https://www8.hp.com/us/en/hp-news/press-release.html?id=342187#.X36X3S9h1VQ|access-date=October 7, 2020|publisher=Hewlett-Packard}}</ref> On April 28, 2010, HP announced its buyout of [[Palm, Inc.]] for $1.2&nbsp;billion.<ref>{{Cite news|url=https://www.nytimes.com/2010/04/29/technology/29palm.html |title=H.P. to Pay $1.2&nbsp;billion for Palm |newspaper=The New York Times |date=April 28, 2010 |first1=Ashlee |last1=Vance |author-link=Ashlee Vance |first2=Jenna |last2=Wortham}}</ref> On September 2, 2010, HP won its [[Bid price|bidding war]] for [[3PAR]] with a $33 a share offer ($2.07&nbsp;billion), which [[Dell]] declined to match.<ref>{{cite news|url=http://www2.journalnow.com/content/2010/sep/03/dell-gives-up-bidding-war-for-3par-inc/business/ |archive-url=https://archive.today/20120126094452/http://www2.journalnow.com/content/2010/sep/03/dell-gives-up-bidding-war-for-3par-inc/business/ |url-status=dead |archive-date=January 26, 2012 |title=Dell gives up bidding war for 3Par Inc. |work=[[Winston-Salem Journal]] |agency=Associated Press |date=September 3, 2010 |access-date=September 3, 2010}}</ref>


On November 1, 2015, Hewlett-Packard was split into two separate companies. Its enterprise products and services business were spun-off to form [[Hewlett Packard Enterprise]], while its personal computer and printer businesses became [[HP Inc.]]<ref>{{Cite news|last1=Mukherjee|first1=Supantha|last2=Chan|first2=Edwin|date=October 6, 2014|title=Hewlett-Packard to split into two public companies, lay off 5,000|website=Reuters|url=https://www.reuters.com/article/us-hp-restructuring-idUSKCN0HV0U720141006|access-date=October 7, 2020}}</ref>
On November 1, 2015, Hewlett-Packard was split into two separate companies. Its enterprise products and services business were spun-off to form [[Hewlett Packard Enterprise]], while its personal computer and printer businesses became [[HP Inc.]]<ref>{{Cite news|last1=Mukherjee|first1=Supantha|last2=Chan|first2=Edwin|date=October 6, 2014|title=Hewlett-Packard to split into two public companies, lay off 5,000|website=Reuters|url=https://www.reuters.com/article/us-hp-restructuring-idUSKCN0HV0U720141006|access-date=October 7, 2020}}</ref>
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{{Anchor|THE-MACHINE}} During the June 2014 HP Discover customer event in [[Las Vegas]], Whitman and Martin Fink announced a project for a radically new computer architecture called [[The Machine (computer architecture)|The Machine]]. Based on [[memristor]]s and [[silicon photonics]], it was supposed to come into commercialization before the end of the decade, and represented 75% of the research activity in HP Labs at the time.<ref>{{cite news|url=http://www.enterprisetech.com/2014/06/12/hp-puts-memristors-heart-new-machine/ |title=HP Puts Memristors At The Heart Of A New Machine |last=Morgan |first=Timothy Prickett |date=June 12, 2014 |work=EnterpriseTech |access-date=December 14, 2014}}</ref>
{{Anchor|THE-MACHINE}} During the June 2014 HP Discover customer event in [[Las Vegas]], Whitman and Martin Fink announced a project for a radically new computer architecture called [[The Machine (computer architecture)|The Machine]]. Based on [[memristor]]s and [[silicon photonics]], it was supposed to come into commercialization before the end of the decade, and represented 75% of the research activity in HP Labs at the time.<ref>{{cite news|url=http://www.enterprisetech.com/2014/06/12/hp-puts-memristors-heart-new-machine/ |title=HP Puts Memristors At The Heart Of A New Machine |last=Morgan |first=Timothy Prickett |date=June 12, 2014 |work=EnterpriseTech |access-date=December 14, 2014}}</ref>


On October 6, 2014, HP announced it was going to split into two separate companies to separate its personal computer and printer businesses from its technology services. The split, which was first reported by ''The Wall Street Journal'' and confirmed by other media, resulted in two publicly traded companies on November 1, 2015: [[Hewlett Packard Enterprise]] and [[HP Inc.]] The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company.<ref>{{cite news|last=Darrow |first=Barb |title=Bye-bye HP, it's the end of an era |url=http://fortune.com/2015/10/30/bye-bye-hp/ |work=Fortune Magazine |date=October 30, 2015}}</ref><ref>See company history section of HP Inc.'s information page at [https://www.nyse.com/quote/XNYS:HPQ/company the NYSE Web site]</ref> Whitman became chairman of HP Inc. and CEO of Hewlett Packard Enterprise, [[Patricia Russo]] became chairman of the enterprise business, and [[Dion Weisler]] became CEO of HP, Inc.<ref>{{cite news|last1=Koch |first1=Wendy |title=Hewlett-Packard plans to break into two |url=https://www.usatoday.com/story/money/business/2014/10/05/report-hewlett-packard-plans-to-break-into-two/16768635/ |work=[[USA Today]] |date=October 5, 2014 |access-date=October 6, 2014}}</ref><ref>{{cite web|title=Hewlett-Packard to Split Into Two Companies: Report |url=https://www.nbcnews.com/business/business-news/hewlett-packard-split-two-companies-report-n218926 |website=[[NBC News]] |date=October 6, 2014 |access-date=October 6, 2014}}</ref><ref>{{cite press release|title=HP To Separate Into Two New Industry-Leading Public Companies |url=http://www8.hp.com/us/en/hp-news/press-release.html?id=1809455 |publisher=Hewlett-Packard |location=[[Palo Alto, California]] |date=October 6, 2014 |access-date=October 6, 2014}}</ref>
On October 6, 2014, HP announced it was going to split into two separate companies to separate its personal computer and printer businesses from its technology services. The split, which was first reported by ''The Wall Street Journal'' and confirmed by other media, resulted in two publicly traded companies on November 1, 2015: [[Hewlett Packard Enterprise]] and [[HP Inc.]] The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company.<ref>{{cite news|last=Darrow |first=Barb |title=Bye-bye HP, it's the end of an era |url=http://fortune.com/2015/10/30/bye-bye-hp/ |work=Fortune Magazine |date=October 30, 2015}}</ref><ref>See company history section of HP Inc.'s information page at [https://www.nyse.com/quote/XNYS:HPQ/company the NYSE Web site]</ref> Whitman became chairman of HP Inc. and CEO of Hewlett Packard Enterprise, [[Patricia Russo]] became chairman of the enterprise business, and [[Dion Weisler]] became CEO of HP, Inc.<ref>{{cite news|last1=Koch |first1=Wendy |title=Hewlett-Packard plans to break into two |url=https://www.usatoday.com/story/money/business/2014/10/05/report-hewlett-packard-plans-to-break-into-two/16768635/ |work=USA Today |date=October 5, 2014 |access-date=October 6, 2014}}</ref><ref>{{cite web|title=Hewlett-Packard to Split Into Two Companies: Report |url=https://www.nbcnews.com/business/business-news/hewlett-packard-split-two-companies-report-n218926 |website=[[NBC News]] |date=October 6, 2014 |access-date=October 6, 2014}}</ref><ref>{{cite press release|title=HP To Separate Into Two New Industry-Leading Public Companies |url=http://www8.hp.com/us/en/hp-news/press-release.html?id=1809455 |publisher=Hewlett-Packard |location=[[Palo Alto, California]] |date=October 6, 2014 |access-date=October 6, 2014}}</ref>


On October 29, 2014, Hewlett-Packard announced their new [[Sprout (computer)|Sprout]] personal computer.<ref>{{cite news|last=Baig |first=Edward C. |title=First Look: HP pushes into 3-D printing, Blended Reality |url=https://www.usatoday.com/story/tech/columnist/baig/2014/10/29/hp-sprout-3d-printing-first-look/18105925/ |work=USA Today |date=October 29, 2014}}</ref>
On October 29, 2014, Hewlett-Packard announced their new [[Sprout (computer)|Sprout]] personal computer.<ref>{{cite news|last=Baig |first=Edward C. |title=First Look: HP pushes into 3-D printing, Blended Reality |url=https://www.usatoday.com/story/tech/columnist/baig/2014/10/29/hp-sprout-3d-printing-first-look/18105925/ |work=USA Today |date=October 29, 2014}}</ref>