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.
-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>