Definition

Hewlett-Packard (HP)

Part of the IT standards and organizations glossary:

HP (Hewlett-Packard), perhaps best known for its line of personal computer printers, has also long been a leader in mid-range computer systems. Founded in 1939 by Stanford University grads, William R. Hewlett and David Packard, HP is the original garage start-up. In fact, in 1989, the garage where Bill and Dave (as they were always known within the company) first worked manufacturing audio oscillators was declared a California State Historical Landmark and is considered the birthplace of Silicon Valley. With their corporate headquarters in Palo Alto, California, HP in 1999 was a $40 billion (revenue) multinational organization.

In addition to its highly successful line of printers, HP manufactures the HP 3000, HP 9000, and NetServer computer platforms; scanners, plotters, personal computers, and networking products. It also sells applications and software services. In an effort to break with its well-ingrained engineering past, Carly Fiorina, a former Lucent Technologies executive, was chosen in mid-1999 to lead HP into the 21st century. Besides many its technological achievements, which includes handheld calculators, the first commercially distributed data processing system, LaserJet printers, and a joint collaboration with Intel to produce the Explicitly Parallel Instruction Computing ( EPIC ) architecture, HP is also well known for its particular brand of enlightened corporate management. Known as the HP Way, it is a set of values that has been practiced by HP's management to foster innovation, respect for individuals, and extraordinary value for customers.

In the latter part of 1999, the $8 billion Agilent Technologies was spun off as an independent company focused on the instrumentation, communications, and life sciences markets.

This was last updated in January 2011
Posted by: Margaret Rouse

Related Terms

Definitions

Glossaries

  • IT standards and organizations

    - Terms related to information technology (IT) standards, including definitions about IT organizations and words and phrases about policies and compliance.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.