History of Hewlett-Packard Company (HP)

  • The Birth of Hewlett-Packard Company

    The Birth of Hewlett-Packard Company
    The company was founded by William R. Hewlett and David Packard (Hall).
  • What was HP Known For?

    What was HP Known For?
    The reputation of HP was established by becoming a creator of sophisticated instrumentation (Hall).
  • HP's First Ever Customer

    HP's First Ever Customer
    HP's first customer is one of the biggest names today, Disney. Walt Disney Productions at the time, purchased eight audio oscillators for the film Fantasia (Hall).
  • Contributing to the Fight!

    Contributing to the Fight!
    HP served the country during WWII by building counter-radar technology and advanced artillery shell fuses with the Naval Research Laboratory (Hall).
  • Business After the War

    Business After the War
    After a decrease in business with the military, HP developed a high speed frequency counter. It was the perfect fit for a booming market around television and FM radio (Hall).
  • Hitting the Stock Market

    Hitting the Stock Market
    HP was looking for funds to support new products and decided to issue public stock (Hall).
  • Expanding

    Expanding
    After going public, HP acquired F.L. Moseley Company who specializes in making graphic recorders (Hall).
  • Expanding into the Medical Market

    Expanding into the Medical Market
    HP continued it's expansion by purchasing Sanborn Company to establish itself as a medical-instrument manufacturer (Hall).
  • Global Recognition

    Global Recognition
    HP was being talked about around the world and engineers flew to different countries to demonstrate it's cesium beam "HP 5060A" instrument that integrates with atomic clocks to within one-millionth of a second (Hall).
  • HP's First Computer

    HP's First Computer
    The HP 2116a was the first computer created by HP and was utilized to manage the company's test and measurement devices (Hall).
  • Time to Crunch the Numbers

    Time to Crunch the Numbers
    HP introduced the desktop calculator (Hall).
  • Back in the Military Image

    Back in the Military Image
    David Packard was assigned as deputy secretary by President Nixon and he was huge influence on the development of the F-16 and A-10 planes which have been highly successful (Hall).
  • Improving the Calculator

    Improving the Calculator
    After having success with the desktop calculator, HP introduced it's first pocket-sized calculator that utilized advanced integrated-circuit technology. It cost one sixth of the the desktop calculator and made the slide rule obsolete (Hall).
  • The HP 3000 Was Created

    The HP 3000 Was Created
    The HP 3000 is a general-purpose minicomputer for business and is still in the line of HP's products today (Hall).
  • Stephen G. Wozniak

    Stephen G. Wozniak
    Wozniak was an intern at HP and proposed his personal computer prototype to the company. HP declined and Wozniak teamed up with Steve Jobs to create Apple Computer, Inc (Hall).
  • The Failure of HP's First Desktop Computer

    The Failure of HP's First Desktop Computer
    HP created the HP-85 and it was a failure due to it being incompatible with IBM PC (Hall).
  • Finally Hitting Success in the Computer Market

    Finally Hitting Success in the Computer Market
    The first successful computer product for HP wasn't a computer and it was actually a printer. The HP LaserJet had positive reviews and big sales (Hall).
  • Period: to

    Research Labs Expanding Around the Globe

    Bristol, England (1984). Tokyo, Japan (1990). Haifa, Israel (1994). Bangalore, India (2002). Beijing, China (2005). St. Petersburg, Russia (2007) (Hall).
  • Becoming the Number One Workstation Maker

    Becoming the Number One Workstation Maker
    HP bought Apollo which helped them become the number one workstation maker and shared the number one spot on and off with Sun and Dell (Hall).
  • Packard Retires Again

    Packard Retires Again
    With a decline in stock prices, Packard came back to the company to get it out of it's slump. Once the company was back on track, he retired again (Hall).
  • The Top 30

    The Top 30
    HP stocks influenced the Dow Jones Industrial Average on the New York Stock Exchange along with 29 other companies (Hall).
  • Branching Out

    Branching Out
    HP decided to branch out its measurement, electronic components, and medical businesses as Agilent Technologies (Hall).
  • Teaming up With Intel

    Teaming up With Intel
    The 64-bit Itanium microprocessor was introduced. A product from HP and Intel (Hall).
  • Compaq Computer Corporation

    Compaq Computer Corporation
    HP acquired Compaq Computer Corporation, a move that allowed Carly Fiorina to be the first woman to lead the company (Hall).
  • Fiorina Forced Out

    Fiorina Forced Out
    Fiorina taking over faced backlash by directors on the board, stockholders and Walter Hewlett, son of William Hewlett (Hall).
  • Hurd Takes Over With Mobile Vision

    Hurd Takes Over With Mobile Vision
    Mark Hurd replaces Fiorina as CEO and president with a strategic plan to hit the mobile-computing market (Hall).
  • Hitting Another Milestone

    Hitting Another Milestone
    HP became the first technology company to pass $100 billion in sales revenue for a fiscal year (Hall).
  • Palm, Inc.

    Palm, Inc.
    HP acquired Palm, Inc., who specialized in personal digital assistants and smartphones (Hall).
  • Hurd Forced Out, Apotheker takes over

    Hurd Forced Out, Apotheker takes over
    Mark Hurd was forced out after a scandal involving a contractor and CEO of SAP, Leo Apotheker takes over(Hall).
  • Former eBay CEO Takes Over

    Former eBay CEO Takes Over
    Meg Whitman replaces Apotheker as CEO(Hall).
  • Mobile Vision Disbanded

    Mobile Vision Disbanded
    HP discontinued making smartphones and the TouchPad (Hall).
  • Autonomy lies to HP

    Autonomy lies to HP
    After acquiring Autonomy Corporation for $11.1 billion, HP accused Autonomy of inflating the value of its company. HP took action and wrote down Autonomy's value by $8.8 billion (Hall).
  • Hewlett-Packard Splits

    Hewlett-Packard Splits
    HP split into two companies. HP Inc., who focused on personal computers and printers. Hewlett Packard Enterprise, who provided products and services for businesses(Hall).