HP Compaq Merger

Essay by notsureUniversity, Bachelor's January 2007

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Hewlett-Packard Company is a leading global provider of computing and imaging solutions and services for business and home, and is focused on capitalizing on the opportunities of the Internet and the emergence of the next-generation appliances, e-services and infrastructures. HP's corporate is located in Palo Alto, California. The company is lead by Carly S Fiorina who acts as chairman and CEO. As of October 2001 the company had a total employees of 88 thousand world wide, with more than five and forty sales and support offices and distributorships world wide in more than a 120 countries.


In 1939 HP was established by Bill Hewlett and Dave Packard in Palo Alto, California, after graduating from college. The company started in a cottage was Bill and Dave produced their first product the 200A audio oscillator, used to test sound equipment. In the 1940's HP started becoming known and accepted by the engineers and scientists of the time, where is helped the US government in the world war two supplying it with electronic equipment.

During this period the founders created management style that formed a basis for HP's open corporate culture. The new management technique came to be called (management by walking around). It involved personal involvement with the employees, good listening skills and the importance of every worker. In the 1957 HP goes public with its initial public offering of 16$ per share. The 1960's and 70's continue their tradition of innovation and development of new products, like the world's first scientific hand held calculator the HP35. The 1980's mark HP's as a major player in the computer industry. By now its products range from computers, desktops and mini-computers. During this decade HP enters the printer market. The 1990's are an excellent decade for HP was they continually improve their...