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Hewlett-Packard
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"HP" redirects here. For other uses, see HP (disambiguation).
Hewlett-Packard Company Hewlett-Packard Company logo
Type Public (NYSE: HPQ)
Dow Jones Industrial Average Component
Industry Computer Systems
Computer Peripherals
Computer Software
IT consulting
IT Services
Founded Palo Alto, California (1939)
Founder(s) Bill Hewlett
David Packard
Headquarters 3000 Hanover Street,[1] Palo Alto, California, USA
Area served Worldwide
Key people Léo Apotheker
CEO[2]
Products Computer Monitors
Digital Cameras
Enterprise Software
Indigo Digital Press
Mobile Phones
Networking
Personal Computers and Laptops
Personal Digital Assistants
Printers
Scanners
Servers
Storage
Televisions
Telecommunications hardware and software
List of HP products
Revenue decrease $114.552 billion (2009)[3]
Operating income increase $10.136 billion (2009)[3]
Net income decrease $7.660 billion (2009)[3]
Total assets increase $114.799 billion (2009)[3]
Total equity increase $40.517 billion (2009)[3]
Employees 310,000 (after 3Com acquisition)(2009)[4]
Subsidiaries Compaq
Snapfish
HP Labs
ProCurve
HP Enterprise Services
VoodooPC
Palm, Inc.
HP CDS
List of acquisitions by HP
Website HP.com
HP founders Bill Hewlett and David Packard
Hewlett-Packard Company (NYSE: HPQ), commonly referred to as HP, is an American
multinational information technology corporation headquartered in Palo Alto, Cal
ifornia, USA. The company was founded in a one-car garage in Palo Alto by Bill H
ewlett and Dave Packard, and is now one of the world's largest information techn
ology companies, operating in nearly every country. HP specializes in developing
and manufacturing computing, data storage, and networking hardware, designing s
oftware and delivering services. Major product lines include personal computing
devices, enterprise servers, related storage devices, as well as 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 partne
rs and major technology vendors.
HP's posted net revenue in 2009 was $115 billion, with approximately $40 billion
coming from services. In 2006, the intense competition between HP and IBM tippe
d in HP's favor, with HP posting revenue of US$91.7 billion,[5] compared to $91.
4 billion for IBM; the gap between the companies widened to $21 billion in 2009.
In 2007, HP's revenue was $104 billion,[6] making HP the first IT company in hi
story to report revenues exceeding $100 billion.[7] In 2008 HP retained its glob
al leadership position in inkjet, laser, large format and multi-function printer
s market, and its leadership position in the hardware industry.[8] Also HP becam
e #2 globally in IT services as reported by IDC & Gartner.[9]
Major company changes include a spin-off of part of its business as Agilent Tech
nologies 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.[9] In November 2009, HP announced the acquisition of 3Com
;[10] with the deal closing on April 12, 2010.[11] On April 28, 2010, HP announc
ed the buyout of Palm for $1.2 billion. On July 1, 2010, the acquisition of Palm
was final.[citation needed] On September 2, 2010 won its bidding war for 3PAR w
ith a $33 a share offer ($2.07 billion) which Dell declined to match.[12]
On August 6, 2010 CEO Mark Hurd resigned.[13] Cathie Lesjak assumed the role int
erim CEO, and on September 30, 2010, Léo Apotheker became HP's new permanent CEO a
nd Ray Lane, Managing Partner at Kleiner Perkins Caufield & Byers, was elected t
o the position of non-executive Chairman. Both appointments are effective Novemb
er 1, 2010.[14]
Contents
[hide]
* 1 Company history
o 1.1 Founding
o 1.2 Early years
o 1.3 The 1960s
o 1.4 The 1970s
o 1.5 The 1980s
o 1.6 The 1990s
o 1.7 The 2000s
o 1.8 The 2010s
* 2 Facilities
* 3 Products and organizational structure
* 4 Snapfish
* 5 Culture
* 6 Corporate social responsibility
* 7 Brand and legacy
* 8 Controversy
* 9 See also
* 10 References
* 11 External links
[edit] Company history
Further information: List of Hewlett-Packard executive leadership
[edit] Founding
Bill Hewlett and Dave Packard graduated in electrical engineering from Stanford
University in 1935. The company originated in a garage in nearby Palo Alto durin
g a fellowship they had with a past professor, Frederick Terman at Stanford duri
ng the Great Depression. Terman was considered a mentor to them in forming Hewle
tt-Packard.[15] In 1939, Packard and Hewlett established Hewlett-Packard (HP) in
Packard's garage with an initial capital investment of US$538.[16] Hewlett and
Packard tossed a coin to decide whether the company they founded would be called
Hewlett-Packard or Packard-Hewlett[17] Packard won the coin toss but named thei
r electronics manufacturing enterprise the "Hewlett-Packard Company". HP incorpo
rated on August 18, 1947, and went public on November 6, 1957.
Of the many projects they worked on, their very first financially successful pro
duct was a precision audio oscillator, the Model HP200A. Their innovation was th
e use of a small light bulb as a temperature dependent resistor in a critical po
rtion of the circuit. This allowed them to sell the Model 200A for $54.40 when c
ompetitors were selling less stable oscillators for over $200. The Model 200 ser
ies of generators continued until at least 1972 as the 200AB, still tube-based b
ut improved in design through the years. At 33 years, it was perhaps the longest
-selling basic electronic design of all time.
One of the company's earliest customers was The Walt Disney Company, which bough
t eight Model 200B oscillators (at $71.50 each) for use in certifying the Fantas
ound surround sound systems installed in theaters for the movie Fantasia.
[edit] Early years
This article does not cite any references or sources.
Please help improve this article by adding citations to reliable sources. Unsour
ced material may be challenged and removed. (April 2008)
The company was originally rather unfocused, working on a wide range of electron
ic products for industry and even agriculture. Eventually they elected to focus
on high-quality electronic test and measurement equipment.
From the 1940s until well into the 1990s the company concentrated on making elec
tronic test equipment: signal generators, voltmeters, oscilloscopes, frequency c
ounters, thermometers, time standards, wave analyzers, and many other instrument
s. A distinguishing feature was pushing the limits of measurement range and accu
racy; many HP instruments were more sensitive, accurate, and precise than other
comparable equipment.
Following the pattern set by the company's first product, the 200A, test instrum
ents were labelled with three to five digits followed by the letter "A". Improve
d versions went to suffixes "B" through "E". As the product range grew wider HP
started using product designators starting with a letter for accessories, suppli
es, software, and components.
[edit] The 1960s
HP is recognized as the symbolic founder of Silicon Valley, although it did not
actively investigate semiconductor devices until a few years after the "Traitoro
us Eight" had abandoned William Shockley to create Fairchild Semiconductor in 19
57. Hewlett-Packard's HP Associates division, established around 1960, developed
semiconductor devices primarily for internal use. Instruments and calculators w
ere some of the products using these devices.
HP partnered in the 1960s with Sony and the Yokogawa Electric companies in Japan
to develop several high-quality products. The products were not a huge success,
as there were high costs in building HP-looking products in Japan. HP and Yokog
awa formed a joint venture (Yokogawa-Hewlett-Packard) in 1963 to market HP produ
cts in Japan.[18] HP bought Yokogawa Electric's share of Hewlett-Packard Japan i
n 1999.[19]
HP spun off a small company, Dynac, to specialize in digital equipment. The name
was picked so that the HP logo "hp" could be turned upside down to be an revers
e reflect image of the logo "dy" of the new company. Eventually Dynac changed to
 Dymec, then was folded back into HP in 1959.[20] HP experimented with using Dig
ital Equipment Corporation minicomputers with its instruments. But after decidin
g that it would be easier to build another small design team than deal with DEC,
HP entered the computer market in 1966 with the HP 2100 / HP 1000 series of min
icomputers. These had a simple accumulator-based design, with registers arranged
somewhat similarly to the Intel x86 architecture still used today. The series w
as produced for 20 years, in spite of several attempts to replace it, and was a
forerunner of the HP 9800 and HP 250 series of desktop and business computers.
[edit] The 1970s
The HP 3000 was an advanced stack-based design for a business computing server,
later redesigned with RISC technology, that has only recently been retired from
the market. The HP 2640 series of smart and intelligent terminals introduced for
ms-based interfaces to ASCII terminals, and also introduced screen labeled funct
ion keys, now commonly used on gas pumps and bank ATMs. The HP 2640 series inclu
ded one of the first bit mapped graphics displays that when combined with the HP
2100 21MX F-Series microcoded Vector Instruction Set enabled the first commerci
al WYSIWYG Presentation Program, BRUNO that later became the program HP-Draw on
the HP 3000. Although scoffed at in the formative days of computing, HP would ev
entually surpass even IBM as the world's largest technology vendor, in terms of
sales.[21]
"The new Hewlett-Packard 9100A personal computer is ready, willing, and able ...
to relieve you of waiting to get on the big computer."
HP is identified by Wired magazine as the producer of the world's first marketed
, mass-produced personal computer, the Hewlett-Packard 9100A, introduced in 1968
.[22] HP called it a desktop calculator because, as Bill Hewlett said, "If we ha
d called it a computer, it would have been rejected by our customers' computer g
urus because it didn't look like an IBM. We therefore decided to call it a calcu
lator, and all such nonsense disappeared." An engineering triumph at the time, t
he logic circuit was produced without any integrated circuits; the assembly of t
he CPU having been entirely executed in discrete components. With CRT display, m
agnetic-card storage, and printer, the price was around $5000. The machine's key
board was a cross between that of a scientific calculator and an adding machine.
There was no alphabetic keyboard.
Steve Wozniak, co-founder of Apple, originally designed the Apple I computer whi
le working at HP and offered it to them under their right of first refusal to hi
s work, but they did not take it up as the company wanted to stay in scientific,
business, and industrial markets.[citation needed]
The company earned global respect for a variety of products. They introduced the
world's first handheld scientific electronic calculator in 1972 (the HP-35), th
e first handheld programmable in 1974 (the HP-65), the first alphanumeric, progr
ammable, expandable in 1979 (the HP-41C), and the first symbolic and graphing ca
lculator, the HP-28C. Like their scientific and business calculators, their osci
lloscopes, logic analyzers, and other measurement instruments have a reputation
for sturdiness and usability (the latter products are now part of spin-off Agile
nt's product line). The company's design philosophy in this period was summarize
d as "design for the guy at the next bench".[citation needed]
The 98x5 series of technical desktop computers started in 1975 with the 9815, an
d the cheaper 80 series, again of technical computers, started in 1979 with the
85.[23] These machines used a version of the BASIC programming language which wa
s available immediately after they were switched on, and used a proprietary magn
etic tape for storage. HP computers were similar in capabilities to the much lat
er IBM Personal Computer, although the limitations of available technology force
d prices to be high.[citation needed]
[edit] The 1980s
The garage in Palo Alto where Hewlett and Packard began their company
In 1984, HP introduced both inkjet and laser printers for the desktop. Along wit
h its scanner product line, these have later been developed into successful mult
ifunction products, the most significant being single-unit printer/scanner/copie
r/fax machines. The print mechanisms in HP's tremendously popular LaserJet line
of laser printers depend almost entirely on Canon's components (print engines),
which in turn use technology developed by Xerox. HP develops the hardware, firmw
are, and software that convert data into dots for the mechanism to print.[citati
on needed]
On March 3, 1986, HP registered the HP.com domain name, making it the ninth Inte
rnet .com domain ever to be registered.[24]
In 1987, the Palo Alto garage where Hewlett and Packard started their business w
as designated as a California State historical landmark.
[edit] The 1990s
Hewlett-Packard logo used until 2008
In the 1990s, HP expanded their computer product line, which initially had been
targeted at university, research, and business users, to reach consumers.
HP also grew through acquisitions, buying Apollo Computer in 1989 and Convex Com
puter in 1995.
Later in the decade, HP opened hpshopping.com as an independent subsidiary to se
ll online, direct to consumers; in 2005, the store was renamed "HP Home & Home O
ffice Store."
From 1995 to 1998, Hewlett-Packard were sponsors of the English football team To
ttenham Hotspur.
In 1999, all of the businesses not related to computers, storage, and imaging we
re spun off from HP to form Agilent. Agilent's spin-off was the largest initial
public offering in the history of Silicon Valley.[25] The spin-off created an $8
billion company with about 30,000 employees, manufacturing scientific instrumen
ts, semiconductors, optical networking devices, and electronic test equipment fo
r telecom and wireless R&D and production.
In July 1999, HP appointed Carly Fiorina as CEO, the first female CEO of a compa
ny in the Dow Jones Industrial Average. Fiorina served as CEO during the tech do
wnturn of the early 2000s. During her tenure, the market value of HP halved and
the company incurred heavy job losses.[26] The HP Board of Directors asked Fiori
na to step down in 2005, and she resigned on February 9, 2005.
[edit] The 2000s
The current two dimensional HP logo used on corporate documents, letterheads, et
c.
HP's recent campaign, The Computer is Personal Again, features several celebrity
endorsements, including a TV commercial with Gwen Stefani.
On September 3, 2001, HP announced that an agreement had been reached with Compa
q to merge the two companies.[27] In May, 2002, after passing a shareholder vote
, HP officially merged with Compaq. Prior to this, plans had been in place to co
nsolidate the companies' product teams and product lines.[28]
The merger occurred after a proxy fight with Bill Hewlett's son Walter, who obje
cted to the merger. Compaq itself had bought Tandem Computers in 1997 (which had
been started by ex-HP employees), and Digital Equipment Corporation in 1998. Fo
llowing this strategy, HP became a major player in desktops, laptops, and server
s for many different markets. After the merger with Compaq, the new ticker symbo
l became "HPQ", a combination of the two previous symbols, "HWP" and "CPQ", to s
how the significance of the alliance and also key letters from the two companies
Hewlett-Packard and Compaq (the latter company being famous for its "Q" logo on
all of its products.)
In the year 2004 HP released the DV 1000 Series, including the HP Pavilion dv 16
58 and 1040 two years later in May 2006, HP began its campaign, The Computer is
Personal Again. The campaign was designed to bring back the fact that the PC is
a personal product. The campaign utilized viral marketing, sophisticated visuals
, and its own web site (www.hp.com/personal). Some of the ads featured well-know
n personalities, including Pharrell, Petra Nemcova, Mark Burnett, Mark Cuban, Ja
y-Z, Gwen Stefani, and Shaun White.
On May 13, 2008, HP and Electronic Data Systems announced[29] that they had sign
ed a definitive agreement under which HP would purchase EDS. On June 30, HP anno
unced[30] that the waiting period under the Hart-Scott-Rodino Antitrust Improvem
ents Act of 1976 had expired. "The transaction still requires EDS stockholder ap
proval and regulatory clearance from the European Commission and other non-U.S.
jurisdictions and is subject to the satisfaction or waiver of the other closing
conditions specified in the merger agreement." The agreement was finalized on Au
gust 26, 2008, and it was publicly announced that EDS would be re-branded "EDS a
n HP company." As of September 23, 2009, EDS is known as HP Enterprise Services.
On November 11, 2009, 3Com and Hewlett-Packard announced that Hewlett-Packard wo
uld be acquiring 3Com for $2.7 billion in cash.[31] The acquisition is one of th
e biggest in size among a series of takeovers and acquisitions by technology gia
nts to push their way to become one-stop shops. Since the beginning of the finan
cial crisis in 2007, tech giants have constantly felt the pressure to expand bey
ond their current market niches. Dell purchased Perot Systems recently to invade
into the technology consulting business area previously dominated by IBM. Hewle
tt-Packard's latest move marked its incursion into enterprise networking gear ma
rket dominated by Cisco.
[edit] The 2010s
On April 28, 2010, Palm, Inc. and Hewlett-Packard announced that HP would be acq
uiring Palm for 1.2 billion in cash and debt,[32] the deal officially closed on
July 1, 2010.[33] In the months leading up to the buyout it was rumored that Pal
m was going to be purchased by either HTC, Dell, RIM or HP. The addition of Palm
handsets to the HP product line provides some overlap with the current iPAQ mob
ile products but will significantly increase their mobile presence as those devi
ces have not been selling well. The addition of Palm brings HP a library of valu
able patents as well the mobile operating platform known as webOS. On July 1, 20
10, the acquisition of Palm was final. On September 2, 2010 won its bidding war
for 3PAR with a $33 a share offer ($2.07 billion) which Dell declined to match.
On August 6, 2010 CEO Mark Hurd resigned amid controversy and CFO Cathie Lesjak
assumed the role of interim CEO. On September 30, 2010, Léo Apotheker was named as
HP's new CEO and President.[34]
Apotheker’s appointment sparked a strong reaction from Oracle chief executive Larr
y Ellison,[35] who complained that Apotheker had been in charge of SAP when one
of its subsidiaries was systematically stealing software from Oracle. SAP accept
ed that its subsidiary, which has now closed, illegally accessed Oracle intellec
tual property.[36]
[edit] Facilities
The main entrance to Hewlett-Packard corporate headquarters in Palo Alto, Califo
rnia
HP s global operations are directed from its headquarters in Palo Alto, Californ
ia, USA. Its U.S. operations are directed from its facility in Houston, Texas, U
SA, the site originally belonging to Compaq, which it acquired. Latin America op
erations are directed from Miami, Florida, USA, European operations from Geneva,
Switzerland, and Asia-Pacific operations from Singapore.[37][38][39] It also ha
s large operations in Boise, Idaho, Roseville, California, San Diego, California
, and Plano, Texas (the former headquarters of EDS, which HP acquired). In the U
K, HP is based out of a large site in Bracknell, Berkshire with offices in vario
us UK locations, including a landmark office tower in London, 88 Wood Street. It
s recent acquisition of 3Com will expand its employee base to Marlborough, Massa
chusetts.[40]
[edit] Products and organizational structure
HP has successful lines of printers, scanners, digital cameras, calculators, PDA
s, servers, workstation computers, and computers for home and small business use
computers; many of the computers came from the 2002 merger with Compaq. HP toda
y promotes itself as supplying not just hardware and software, but also a full r
ange of services to design, implement, and support IT infrastructure.
HP s Imaging and Printing Group (IPG) is "the leading imaging and printing syste
ms provider in the world for printer hardware, printing supplies and scanning de
vices, providing solutions across customer segments from individual consumers to
small and medium businesses to large enterprises."[41] Products and technology
associated with IPG include Inkjet and LaserJet printers, consumables and relate
d products, Officejet all-in-one multifunction printer/scanner/faxes, Large Form
at Printers, Indigo Digital Press, HP Web Jetadmin printer management software,
HP Output Management suite of software, LightScribe optical recording technology
, HP Photosmart digital cameras and photo printers, HP SPaM, and Snapfish by HP,
a photo sharing and photo products service. On December 23, 2008, HP released i
Print Photo for iPhone a free downloadable software application that allows the
printing of 4" x 6" photos.[42]
HP s Personal Systems Group (PSG) claims to be "one of the leading vendors of pe
rsonal computers ("PCs") in the world based on unit volume shipped and annual re
venue."[41] PSG includes business PCs and accessories, consumer PCs and accessor
ies, (e.g., HP Pavilion, Compaq Presario, VoodooPC), handheld computing (e.g., i
PAQ Pocket PC), and digital "connected" entertainment (e.g., HP MediaSmart TVs,
HP MediaSmart Servers, HP MediaVaults, DVD+RW drives). HP resold the Apple iPod
until November 2005.[41]
HP Enterprise Business (EB) incorporates Technical services, Enterprise Services
(formerly known as EDS), HP Software & Solutions, and Enterprise Servers, Stora
ge and Networking Group (ESSN). The Enterprise Servers, Storage and Networking G
roup (ESSN) oversees "back end" products like storage and servers. HP s networki
ng business unit ProCurve is responsible for the family of network switches, wir
eless access points, and routers.[43] They are currently a business unit of ESSN
.
HP Software & Solutions is the company s enterprise software division. For years
, HP has produced and marketed its brand of enterprise management software, HP O
penView. HP has purchased a total of 12 software companies as part of a publiciz
ed, deliberate strategy to augment its software offerings for large business cus
tomers.[44] The division markets its software in four categories: HP IT Manageme
nt Software (also known as business technology optimization software), HP Inform
ation Management Software, business intelligence solutions, and communications a
nd media software and solutions.
An HP camera with an SDIO interface
HP s Office of Strategy and Technology[45] has four main functions: (1) steering
the company s $3.6 billion research and development investment, (2) fostering t
he development of the company s global technical community, (3) leading the comp
any s strategy and corporate development efforts,[46] and (4) performing worldwi
de corporate marketing activities. Under this office is HP Labs, the research ar
m of HP. Founded in 1966, HP Labs s function is to deliver new technologies and
to create business opportunities that go beyond HP s current strategies. An exam
ple of recent HP Lab technology includes the Memory spot chip. HP IdeaLab furthe
r provides a web forum on early-state innovations to encourage open feedback fro
m consumers and the development community.[47]
HP also offers managed services where they provide complete IT-support solutions
for other companies and organisations. Some examples of these are: A large acti
vity is HP offering "Professional Support" and desktop "Premier Support" for Mic
rosoft in the EMEA marketplace. This is done from the Clonskeagh office in Dubli
n, Sofia and Israel. Support is offered on the line of Microsoft operation syste
ms, Exchange, Sharepoint and some office-applications.[48] But HP also offers ou
tsourced services for companies like Bank of Ireland, some UK banks, the U.S. de
fense forces, etc.
[edit] Snapfish
HP owns and operates the photo sharing site Snapfish.
Snapfish was launched in April 2000 by entrepreneurs Rajil Kapoor, Suneet Wadhwa
, Shripati Acharya, and Bala Parthasarathy and is based in San Francisco, Califo
rnia. In 2004, Snapfish opened a physical retail store in Alexandria, Virginia,
but since they were purchased by HP in 2005, they currently do not maintain any
retail stores.
Snapfish offers free membership with unlimited photo storage. Members can use th
eir uploaded photos to share and to create photo products. Snapfish allows membe
rs to download low resolution copies of the images they uploaded for free. Howev
er, if members want to download high resolution, as opposed to the low resulotio
n copies, or even original copies of their own uploaded images, Snapfish charges
a per-image fee for each download.
[edit] Culture
The founders, known to friends and employees alike as Bill and Dave, developed a
unique management style that has come to be known as The HP Way. In Bill s word
s, the HP Way is "a core ideology ... which includes a deep respect for the indi
vidual, a dedication to affordable quality and reliability, a commitment to comm
unity responsibility, and a view that the company exists to make technical contr
ibutions for the advancement and welfare of humanity."[49] The following are the
tenets of The HP Way:[50]
1. We have trust and respect for individuals.
2. We focus on a high level of achievement and contribution.
3. We conduct our business with uncompromising integrity.
4. We achieve our common objectives through teamwork.
5. We encourage flexibility and innovation.
[edit] Corporate social responsibility
In July 2007, the company announced that it had met its target, set in 2004, to
recycle one billion pounds of electronics, toner and ink cartridges.[51] It has
set a new goal of recycling a further two billion pounds of hardware by the end
of 2010. In 2006, the company recovered 187 million pounds of electronics, 73 pe
rcent more than its closest competitor.[52]
In 2008, HP released its supply chain emissions data – an industry first.[53]
In September 2009, Newsweek ranked HP #1 on its 2009 Green Rankings of America s
500 largest corporations.[54] According to environmentalleader.com, "Hewlett-Pa
ckard earned its number one position due to its greenhouse gas (GHG) emission re
duction programs, and was the first major IT company to report GHG emissions ass
ociated with its supply chain, according to the ranking. In addition, HP has mad
e an effort to remove toxic substances from its products, though Greenpeace has
targeted the company for not doing better."[55]
HP took the top spot on Corporate Responsibility Magazine s 100 Best Corporate C
itizens List for 2010.[56] The list is cited by PR Week as one of America s most
important business rankings. HP beat out other Russell 1000 Index companies bec
ause of its leadership in seven categories including environment, climate change
s and corporate philanthropy. In 2009, HP was ranked fifth.[57]
Fortune magazine named HP one of the World’s Most Admired Companies in 2010, placi
ng it No. 2 in the computer industry and No. 32 overall in its list of the top 5
0. This year in the computer industry HP was ranked No. 1 in social responsibili
ty, long-term investment, global competitiveness, and use of corporate assets.[5
8]
In April 2010, HP released its latest Global Responsibility report covering acco
mplishments during 2009.[59] The report claims that in 2009, HP decreased its to
tal energy use by 9 percent compared with 2008. HP recovered a total of 118,000
tonnes of electronic products and supplies for recycling in 2009, including 61 m
illion print cartridges.[60]
In an April 2010 San Francisco Chronicle article, HP was one of 12 companies com
mended for "designing products to be safe from the start, following the principl
es of green chemistry." The commendations came from Environment California, an e
nvironmental advocacy group, who praised select companies in the Golden State an
d the Bay Area for their efforts to keep our planet clean and green.[61]
In May 2010, HP was named one of the World’s Most Ethical Companies by Ethisphere
Institute. This is the second year in a row HP has made the list. Ethisphere rev
iewed, researched and analyzed thousands of nominations in more than 100 countri
es and 35 industries to create the 2010 list. HP was one of only 100 companies t
o earn the distinction of top winner and was the only computer hardware vendor t
o be recognized. Ethisphere honors firms that promote ethical business standards
and practices by going beyond legal minimums, introducing innovative ideas that
benefit the public.[62]
HP is listed in Greenpeace’s Guide to Greener Electronics that ranks electronics m
anufacturers according to their policies on toxic chemicals, recycling and clima
te change. In May 2010, HP ranked 8th out of 18 leading electronics makers. Gree
npeace gives HP credit for its active support to improve the EU Restriction of H
azardous Substances Directive but calls for the company to eliminate harmful sub
stances in its products.[63] HP aims to complete its phase out of toxic vinyl pl
astic (PVC) and brominated flame retardands (BFRs) in 2011.[64] It was the first
PC maker after Apple Inc. to launch a desktop free of PVC and BFRs.[65]
[edit] Brand and legacy
According to a Business Week Study, HP is currently the world´s 11th most valuable
brand.[66] Since its creation, the HP Logo has remained largely the same. Becau
se of its extreme simplicity, the logo is recognized all over the world.
A Hewlett-Packard sponsored Porsche 997 GT3 Cup
The company sponsors the HP Pavilion at San Jose, home to the NHL s San Jose Sha
rks.
HP has many sponsorships. One well known sponsorship is of Walt Disney World s E
pcot Park s Mission: SPACE. Others can be found on Hewlett-Packard s website.[67
] From 1995 to 1999 they were the shirt sponsor of Premier League club Tottenham
Hotspur. They also sponsored the BMW Williams Formula 1 team until 2006 (a spon
sorship formerly held by Compaq), and as of 2010 sponsor Renault F1. Hewlett-Pac
kard also has the naming rights arrangement for the HP Pavilion at San Jose, hom
e of the San Jose Sharks NHL hockey team.
Agilent Technologies, not HP, retains the direct product legacy of the original
company founded in 1939. Agilent s current portfolio of electronic instruments a
re descended from HP s very earliest products. HP entered the computer business
only after its instrumentation competencies were well-established. When Agilent
was spun off, items in the Corporate Archives were split-up along product lines,
with Agilent retaining almost all of the original HP archives - only where ther
e was duplication of material, was HP given early Test and Measurement material.
Both companies retained an original 200A Audio Oscillator.
After the acquisition of Compaq in 2002, HP has maintained the "Compaq Presario"
brand on low-end home desktops and laptops, the "HP Compaq" brand on business d
esktops and laptops, and the "HP ProLiant" brand on Intel-architecture servers.
(The "HP Pavilion" brand is used on home entertainment laptops and all home desk
tops.)[68]
HP uses DEC s "StorageWorks" brand on storage systems; Tandem s "NonStop" server
s are now branded as "HP Integrity NonStop".[69]
[edit] Controversy
Main article: HP spying scandal
On September 5, 2006, Newsweek revealed that HP s general counsel, at the behest
of chairwoman Patricia Dunn, contracted a team of independent security experts
to investigate board members and several journalists in order to identify the so
urce of an information leak.[70] In turn, those security experts recruited priva
te investigators who used a spying technique known as pretexting. The pretexting
involved investigators impersonating HP board members and nine journalists (inc
luding reporters for CNET, the New York Times and the Wall Street Journal) in or
der to obtain their phone records. The information leaked related to HP s long-t
erm strategy and was published as part of a CNET article[71] in January 2006. Mo
st HP employees accused of criminal acts have since been acquitted.[72]
Hewlett-Packard has also been at the center of a fiasco in recent years. In Nove
mber 2007, Hewlett-Packard released a BIOS update covering a wide range of lapto
ps with the intent to speed up the computer fan as well as have it run constantl
y, whether the computer was on or off.[73] The reason was to prevent the overhea
ting of defective NVIDIA graphics processing units (GPUs) that had been shipped
to many of the original equipment manufacturers, including Hewlett-Packard, Dell
, and Apple.[74] In July 2008, HP revealed an extension to the initial one-year
warranty covering a few of the affected computers, but leaving many more without
the protection, despite research showing that these computers were also affecte
d.[75] Since this point, several websites have been documenting the issue, most
notably www.hplies.com, a forums dedicated to what they refer to as Hewlett-Pack
ard s "multi-million dollar cover up" of the issue. There have been several smal
l claims lawsuits filed in several states, as well as suits being filed in other
countries. Hewlett-Packard also faced a class action lawsuit in 2009 over their
i7 processor computers. The complainants stated that their systems locked up wi
thin 30 minutes of powering on, consistently. Even after being replaced with new
er i7 systems, the lockups continued. [76]
[edit] See also
San Francisco Bay Area portal
Companies portal
* List of Hewlett-Packard products
* HP calculators
* List of computer system manufacturers
* List of acquisitions by Hewlett-Packard
* HP Linux Imaging and Printing
* HP User Group
* HP Software & Solutions
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[edit] External links
Wikimedia Commons has media related to: Hewlett-Packard
* Official website
* HP Printing and The Science Museum of Minnesota
* The Museum of HP Calculators
* HP History Links
Business data
* Hewlett-Packard Company at Google Finance
* Hewlett-Packard Company at Yahoo! Finance
* Hewlett-Packard Company at Hoover s
* Hewlett-Packard Company at Reuters
* Hewlett-Packard Company SEC filings at EDGAR Online
* Hewlett-Packard Company SEC filings at the Securities and Exchange Commiss
ion
[show]
v • d • e
Hewlett-Packard
Company founders:
William Hewlett • David Packard • Rod Canion • Jim Harris • Bill Murto
Corporate directors:
Marc Andreessen • Lawrence T. Babbio, Jr. • Sari M. Baldauf • Rajiv L. Gupta • John H. H
ammergren • Joel Z. Hyatt • John R. Joyce • Robert L. Ryan • Lucille S. Salhany • G. Kenne
dy Thompson
Computer hardware products:
Compaq Presario • EliteBook • Integrity • Mini • NonStop • Pavilion • TouchSmart • VoodooPC
Envy • Slate 500
Consumer electronics and accessories:
Calculators • Deskjet • Photosmart • LaserJet • iPAQ • LightScribe • Palm • Scitex • Snapfi
Other divisions:
3com • Indigo Digital Press • Scitex • Insight Software • Logoworks • Mercury • Neoware • P
urve • HP Enterprise Services • TOWER Software
Software:
HP QuickPlay • HyperSpace OS
Discontinued products:
Compaq Deskpro • Compaq Evo • Compaq Portable • Compaq ProLinea • Compaq ProSignia • Compa
q SystemPro • Jornada • Omnibook • iPod+HP
Alumni:
List of HP CEO s in Order • Patricia C. Dunn • Robert Wayman • Michael Capellas • Lewis
E. Platt • John A. Young • Carly Fiorina • Mark Hurd • Rahul Sood
Assets:
HP Garage • HP Labs
See also
Acquisitions • Agilent • HP spying scandal • Products • Mission: SPACE
Annual revenue: US$104.2 billion (increase15% FY 2007) • Employees: 309,000 • Stock
symbol: NYSE: HPQ • Website: hp.com
[show]
v • d • e
Dow Jones Industrial Average components
Current
3M — Alcoa — American Express — AT&T — Bank of America — Boeing — Caterpillar — Chevron — C
Systems — The Coca-Cola Company — DuPont — ExxonMobil — General Electric — Hewlett-Packard
— The Home Depot — Intel — IBM — Johnson & Johnson — JPMorgan Chase — Kraft Foods — McDona
s — Merck & Co. — Microsoft — Pfizer — Procter & Gamble — The Travelers Companies — United
echnologies Corporation — Verizon Communications — Wal-Mart — The Walt Disney Company
Selected
former
Altria Group — American International Group — American Telephone & Telegraph — America
n Tobacco Company — Bethlehem Steel — Citigroup — Colorado Fuel and Iron — Eastman Kodak
— General Foods — General Motors — Goodyear Tire and Rubber Company — Honeywell — Interna
tional Harvester — International Paper — Johns-Manville — Nash Motors — Navistar Interna
tional — North American Company — Owens-Illinois — Sears, Roebuck and Company — Union Ca
rbide — United States Rubber Company — U.S. Steel — F. W. Woolworth Company
Coordinates: 37°24′49″N 122°08′42″W / 37.413579°N 122.14508°W / 37.413579; -122.14508
Retrieved from "http://en.wikipedia.org/wiki/Hewlett-Packard"
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