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Hewlett-Packard
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{{Short description|American information technology company (1939–2015)}}{{About|the original company that existed from 1939 to 2015|the current companies|HP Inc.|and|Hewlett Packard Enterprise}}{{Redirect|HP Compaq|personal computers using this brand|HP business desktops}}{{redirect|H-P|similarly named topics|HP (disambiguation)}}{{Use American English|date=April 2015}}{{Use mdy dates|date=August 2022}}- the content below is remote from Wikipedia
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History
File:HP garage front.JPG|thumb|The garage in Palo Alto, where Hewlett and Packard began the company]]{{plain image with caption|HP-original-logo-1954-trademark.svg|upright=0.4|caption=Logo used from 1941 to 1964}}Bill Hewlett and David Packard graduated with degrees in electrical engineering from Stanford University in 1935. The company started in a garage in Palo Alto during a fellowship they had with past professor Frederick Terman at Stanford during the Great Depression, whom they considered a mentor in forming the company.BOOK, Malone, Michael, Bill & Dave: How Hewlett and Packard Built the World’s Greatest Company, Portfolio Hardcover, 2007, 39–41, 978-1-59184-152-4, registration,archive.org/details/billdavehowhewle00malo/page/39, In 1938, Packard and Hewlett began part-time work in a rented garage with an initial capital investment of {{US$|538|1938|fmt=eq}}. In 1939, Hewlett and Packard decided to formalize their partnership. They tossed a coin to decide whether the company they founded would be called Hewlett-Packard (HP) or Packard-Hewlett.WEB,www.hp.com/us-en/shop/tech-takes/history-of-hp, History of HP {{!, HP Tech Takes|website=HP Inc.|access-date=May 17, 2023}}Hewlett and Packard’s first financially successful product was a precision audio oscillator known as the HP 200A, which used a small incandescent light bulb (known as a “pilot light“) as a temperature dependent resistor in a critical portion of the circuit, and a negative feedback loop to stabilize the amplitude of the output sinusoidal waveform. This allowed the HP 200A to be sold for {{US$|long=no|89.40}} when competitors were selling less stable oscillators for over {{US$|long=no|200}}. The 200 series of generators continued production until at least 1972 as the 200AB, still tube-based but improved in design through the years.WEB, 2014, Early Audio Oscillators,www.hpmemoryproject.org/wa_pages/wall_a_page_01.htm#:~:text=The%20HP200CD%20was,its%20latest%20versions, 2024-01-23, www.hpmemoryproject.org, One of the company’s earliest customers was Bud Hawkins, chief sound engineer for Walt Disney Studios, who bought eight HP 200B audio oscillators (at {{US$|long=no|71.50}} each) to be used in the animated film Fantasia. HP’s profit at the end of 1939, its first full year of business, was {{US$|long=no|1563|1939}} on revenues of {{US$|long=no|5369}}.BOOK, Packard, David, The HP Way,archive.org/details/hpwayhowbillhewl00pack, registration, 1995, HarperCollins, New York, 9780060845797, 44-46, In 1942, they built their first building at 395 Page Mill Road and were awarded the Army-Navy “E” Award in 1943. HP employed 200 people and produced the audio oscillator, a wave analyzer, distortion analyzers, an audio-signal generator, and the Model 400A vacuum-tube voltmeter during the war.{{rp|54–60,195}}Hewlett and Packard worked on counter-radar technology and artillery shell proximity fuzes during World War II; the work exempted Packard from the draft,WEB,www.britannica.com/topic/Hewlett-Packard-Company, Hewlett-Packard Company, Encyclopædia Britannica, Inc., March 31, 2018, Mark Hall, but Hewlett had to serve as an officer in the Army Signal Corps after being called to active duty.HP was incorporated on August 18, 1947, with Packard as president. Sales reached {{US$|long=no|5.5 million}} in 1951 with 215 employees. The company went public on November 6, 1957.{{rp|35,40,64,70,196}} In 1959, a manufacturing plant was established in Böblingen and a marketing organization in Geneva.{{rp|196}} Packard handed the presidency over to Hewlett when he became chairman in 1964, but remained CEO of the company.1960s
{{plain image with caption|Hewlett-Packard logo 1964.svg|upright=1.1|caption=Logo used from 1964JOURNAL, November 1964,www.hp.com/hpinfo/abouthp/histnfacts/publications/measure/pdf/1964_11.pdf, A new look for a proud name, Measure, Hewlett-Packard, 2, 10, 6–7,web.archive.org/web/20110416040018/https://www.hp.com/hpinfo/abouthp/histnfacts/publications/measure/pdf/1964_11.pdf, April 16, 2011, to 1979}}File:Hp200a-front-panel.JPG|thumb|right|The HP200A, a precision audio oscillator, was the company’s very first financially successful product.]]HP is recognized as the symbolic founder of Silicon Valley, though it did not actively investigate semiconductor devices until a few years after the “traitorous eight” abandoned William Shockley to create Fairchild Semiconductor in 1957. Hewlett-Packard’s HP Associates division, established around 1960, developed semiconductor devices primarily for internal use. HP Associates was co-founded by another former Bell Labs researcher, MOSFET inventor Mohamed Atalla,WEB, Martin Atalla in Inventors Hall of Fame, 2009,www.invent.org/inductees/martin-john-m-atalla, June 21, 2013, who served as Director of Semiconductor Research.BOOK, Lojek, Bo, History of Semiconductor Engineering, 2007, Springer Science & Business Media, 9783540342588, 321–3, Instruments and calculators were some of the products using semiconductor devices from HP Associates.During the 1960s, HP partnered with Sony and Yokogawa Electric in Japan to develop several high-quality products. The products were not a huge success, as there were high costs involved in building HP-looking products in Japan. In 1963, HP and Yokogawa formed the joint venture Yokogawa-Hewlett-Packard to market HP products in Japan.WEB, March 17, 1961, HP History: 1960s,www.hp.com/hpinfo/abouthp/histnfacts/timeline/hist_60s.html, dead,www.hp.com/hpinfo/abouthp/histnfacts/timeline/hist_60s.html," title="web.archive.org/web/20021231173316www.hp.com/hpinfo/abouthp/histnfacts/timeline/hist_60s.html,">web.archive.org/web/20021231173316www.hp.com/hpinfo/abouthp/histnfacts/timeline/hist_60s.html, December 31, 2002, July 7, 2011, Hewlett-Packard, HP bought Yokogawa Electric’s share of Hewlett-Packard Japan in 1999.PRESS RELEASE, Yokogawa Electric Corporation, July 7, 1999, Yokogawa Electric Corporation and Hewlett-Packard Company Announce “Hewlett-Packard Japan to become Wholly Owned HP Subsidiary” HP and Yokogawa Sign Agreement,www.yokogawa.com/pr/Corporate/News/1999/pr-news-1999-03-en.htm, dead,www.yokogawa.com/pr/Corporate/News/1999/pr-news-1999-03-en.htm," title="archive.today/20130105180239www.yokogawa.com/pr/Corporate/News/1999/pr-news-1999-03-en.htm,">archive.today/20130105180239www.yokogawa.com/pr/Corporate/News/1999/pr-news-1999-03-en.htm, January 5, 2013, July 7, 2011, HP spun off the small company Dynac to specialize in digital equipment. The name was picked so that the HP logo could be turned upside down to be a reflected image of the logo of the new company. Dynac was eventually renamed Dymec and folded back into HP in 1959.WEB, Dynac Model DY-2500 Computing Digital Indicator, c. 1956,www.hpe.com/us/en/about/history/innovation-gallery/006-product.html, October 7, 2020, Hewlett Packard Enterprise, HP experimented with using Digital Equipment Corporation (DEC) minicomputers with its instruments, but entered the computer market in 1966 with the HP 2100 / HP 1000 series of minicomputers after it decided that it would be easier to build another small design team than deal with DEC. The minicomputers had a simple accumulator-based design with two accumulator registers and, in the HP 1000 models, two index registers. The series was 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.At the end of 1968, Packard handed over the duties of CEO to Hewlett to become United States Deputy Secretary of Defense in the incoming Nixon administration. He resumed the chairmanship in 1972 and served until 1993, but Hewlett remained the CEO.1970s
File:HP0100A 1.jpg|thumb|Introduced in 1968, “The new Hewlett-Packard 9100AHewlett-Packard 9100AThe HP 3000 was an advanced stack-based design for a business computing server, later redesigned with RISC technology. The HP 2640 series of smart and intelligent terminals introduced forms-based interfaces to ASCII terminals, and also introduced screen labeled function keys, now commonly used on gas pumps and bank ATMs. The HP 2640 series included one of the first bit mapped graphics displays that, when combined with the HP 2100 21MX F-Series microcoded Scientific Instruction Set,WEB,www.hpmuseum.net/exhibit.php?hwdoc=110, HP1000 F-Series, HP Museum, July 7, 2011, enabled the first commercial 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 surpassed IBM as the world’s largest technology vendor in terms of sales.NEWS,money.cnn.com/magazines/fortune/global500/2009/full_list/, Global 500 2009: Global 500 1-100 – FORTUNE on CNNMoney.com, CNN, July 20, 2009, May 9, 2010, HP was identified by Wired magazine as the producer of the world’s first device to be called a personal computer: the Hewlett-Packard 9100A, introduced in 1968.MAGAZINE,www.wired.com/2000/12/the-first-pc/, The First PC, Wired, December 1, 2000, February 29, 2020, HP called it a desktop calculator because, as Hewlett said: “If we had called it a computer, it would have been rejected by our customers’ computer gurus because it didn’t look like an IBM. We therefore decided to call it a calculator, and all such nonsense disappeared.” An engineering triumph at the time, the logic circuit was produced without any integrated circuits, and the CPU assembly was entirely executed in discrete components. With CRT display, magnetic-card storage, and printer, the price was around $5,000. The machine’s keyboard was a cross between the keyboard of a scientific calculator and the keyboard of an adding machine. There was no alphabetic keyboard.Apple co-founder Steve Wozniak originally designed the Apple I computer while working at HP and offered it to them under their right of first refusal to his work. They did not take it up as the company wanted to stay in scientific, business, and industrial markets. Wozniak said that HP “turned him down five times”, but that his loyalty to HP made him hesitant to start Apple with Steve Jobs.WEB, Ong, Josh,appleinsider.com/articles/10/12/06/apple_co_founder_offered_first_computer_design_to_hp_5_times, Apple co-founder offered first computer design to HP 5 times, appleinsider.com, December 7, 2010, 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), the first handheld programmable in 1974 (the HP-65), the first alphanumeric, programmable, expandable in 1979 (the HP-41C), and the first symbolic and graphing calculator, the HP-28C.Like their scientific and business calculators, HP oscilloscopes, logic analyzers, and other measurement instruments had a reputation for sturdiness and usability. HP introduced the Hewlett-Packard Interface Bus (HPIB) computer peripheral interface (later cloned by National Instruments as GPIB and standardized by the IEEE as IEEE-488) on their relay actuator products in 1973. HPIB was later integrated into most high end test & measurement equipment it produced from 1980 onward.As early as 1977, HP began production of the HP856x spectrum analyzers to complement its RF power meters and sensors capable of measuring signals in excess of 20 GHz. HP also produced configurable chassis based sweep generators capable of generating signals to 20 GHz. Other T&M products of the time included lab grade multimeters, microwave frequency counters, RF amplifiers, high accuracy microwave detectors, lab grade power supplies and more. These products were succeeded by modernized versions as well as the introduction of the scalar and vector network analyzer product lines prior to the business being spun off into Agilent Technologies.The HP 9800 series of technical desktop computers started in 1971 with the 9810A. The HP Series 80 started in 1979 with the 85.WEB,www.hpmuseum.net/exhibit.php?class=1&cat=9, HP Computer Museum, HP Museum, May 9, 2010, Some of these machines used a version of the BASIC programming language, which was available immediately after they were switched on, and used a proprietary magnetic tape for storage. HP computers were similar in capabilities to the much later IBM Personal Computer, though the limitations of available technology forced prices to be high.{{Citation needed|date=August 2009}}In 1978, Hewlett stepped down as CEO and was succeeded by John A. Young.1980s
{{plain image with caption|Hewlett-Packard logo 1979 blue.svg|caption=Logo used from 1979 to 2008}}HP expanded into South Africa in the 1980s. Activists supporting divestment from South Africa accused HP of “automating apartheid”.BOOK, American Friends Service Committee, American Friends Service Committee, 1982, Automating Apartheid: U.S. Computer Exports to South Africa and the Arms Embargo,books.google.com/books?id=vmwhAQAAIAAJ, 75, NARMIC/American Friends Service Committee, 9780910082006, Sales reached $6.5 billion in 1985 with 85,000 employees.{{rp|198}}In 1984, HP introduced both inkjet and laser printers for the desktop. Along with its scanner product line, the printers have later been developed into successful multifunction products, the most significant being single-unit printer/scanner/copier/fax machines. The print mechanisms in HP’s LaserJet line of laser printers depend almost entirely on Canon Inc.’s components (print engines), which in turn use technology developed by Xerox. HP developed the hardware, firmware, and software to convert data into dots for printing.BOOK,books.google.com/books?id=oc_0AkhysO0C&q=HP+develops+the+hardware%2C+firmware%2C+and+software+that+convert+data+into+dots+for+the+mechanism+to+print&pg=PT62, Power of Marketing, Ma’arif, Nelly Nailatie, 2008, Penerbit Salemba, 9789796914456, 76, en, On March 3, 1986, HP registered the HP.com domain name, making it the ninth Internet .com domain to be registered.NEWS, Flinders, Karl,www.computerweekly.com/news/1280090622/The-first-ever-20-domain-names-registered, The first ever 20 domain names registered, ComputerWeekly.com, September 3, 2009, February 12, 2018, en-GB, In 1987, the Palo Alto garage where Hewlett and Packard started their business was designated as a California Historical Landmark.1990s
{{plain image with caption|Hewlett-Packard.svg|upright=0.7|Logo with “Invent” tagline introduced in 1999JOURNAL, Slefo, George P., November 24, 2015,adage.com/article/cmo-strategy/hp-launches-global-campaign-reinvent-itslef/301477, HP Pushes Reinvention In Thanksgiving Day Spot, Ad Age, }}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: it bought Apollo Computer in 1989 and Convex Computer in 1995.In 1992, Young was succeeded by Lewis E. Platt, and in 1993 and Hewlett and Packard stepped down from the board with Platt succeeding Packard as chairman.In 1993, HP acquired Advanced Design System from Pathwave. The ADS suite of RF simulation tools was spun off into Agilent in 1999 along with related T&M business units, all of which were carried forward into the spinoff of Agilent into Keysight.Later in the decade, HP opened hpshopping.com as an independent subsidiary to sell online, direct to consumers; in 2005, the store was renamed “HP Home & Home Office Store”.From 1995 to 1998, Hewlett-Packard were sponsors of the English football team Tottenham Hotspur.In 1999, all of the businesses not related to computers, storage, and imaging were spun off from HP to form Agilent Technologies. Agilent’s spin-off was the largest initial public offering in the history of Silicon Valley,Arensman, Russ. “Unfinished business: managing one of the biggest spin-offs in corporate history would be a challenge even in the best of times. But what Agilent’s Ned Barnholt got was the worst of times. (Cover Story).” Electronic Business 28.10 (October 2002): 36(6). and it created an {{US$|long=no|8 billion}} company with about 30,000 employees, manufacturing scientific instruments, semiconductors, optical networking devices, and electronic test equipment for telecom and wireless, research and development, and production.In July 1999, HP appointed Carly Fiorina as the first female CEO of a Fortune-20 company in the Dow Jones Industrial Average.WEB,fortune.com/1998/10/12/carly-fiorina-most-powerful-women/, The 50 Most Powerful Women in American business, Sellers, Patricia, Fortune, October 12, 1998, July 22, 2017, Fiorina received a larger signing offer than any of her predecessors.WEB,digitalcommons.georgefox.edu/cgi/viewcontent.cgi?article=1065&context=gfsb, The Rise and Fall of Carly Fiorina: An Ethical Case Study, Johnson, Craig, George Fox University, 2008, The same year, Fiorina articulated a set of “rules of the garage”, an attempt to capture the spirit of the company’s founders.MAGAZINE, Abell, John C., 2009-01-03, Rules of the Garage, And Then Some, en-US, Wired,www.wired.com/2009/01/rules-of-the-ga/, 2023-06-03,Sales to Iran despite sanctions
In 1997, HP started selling its products in Iran through a European subsidiary and a Dubai-based Middle Eastern distributor, despite U.S. export sanctions prohibiting such deals imposed by Bill Clinton’s 1995 executive orders.NEWS, Rogin, Josh, Fiorina’s HP Earned Millions From Sales in Iran,www.bloombergview.com/articles/2015-09-14/under-fiorina-hp-earned-millions-from-sales-in-iran, Bloomberg.com, September 14, 2015, September 20, 2015, September 20, 2015,www.bloombergview.com/articles/2015-09-14/under-fiorina-hp-earned-millions-from-sales-in-iran," title="web.archive.org/web/20150920033846www.bloombergview.com/articles/2015-09-14/under-fiorina-hp-earned-millions-from-sales-in-iran,">web.archive.org/web/20150920033846www.bloombergview.com/articles/2015-09-14/under-fiorina-hp-earned-millions-from-sales-in-iran, dead, WEB, Carly Fiorina & H.P. Thwarted U.S. Sanctions, Sold $120 Million In Product To Iran,www.hngn.com/articles/130557/20150916/carly-fiorina-hp-thwarted-us-sanctions-sold-120.htm, Headline and Global News, September 16, 2015, September 20, 2015, WEB, Report: HP sells printers in Iran with third party,abcnews.go.com/Business/story?id=6544306, The Boston Globe, December 29, 2008, September 20, 2015, The story was initially reported by The Boston Globe,WEB, Stockman, Farah, HP uses third party to sell printers in Iran Calif. firm’s sales soar in embargo,secure.pqarchiver.com/boston/doc/405137221.html?FMT=ABS&FMTS=ABS:FT&type=current&date=Dec+29%2C+2008&author=Stockman%2C+Farah&pub=Boston+Globe&edition=&startpage=&desc=HP+uses+third+party+to+sell+printers+in+Iran+Calif.+firm%27s+sales+soar+in+embargo, The Boston Globe, December 29, 2008, September 20, 2015,web.archive.org/web/20150925131833/https://secure.pqarchiver.com/boston/doc/405137221.html?FMT=ABS&FMTS=ABS:FT&type=current&date=Dec+29%2C+2008&author=Stockman%2C+Farah&pub=Boston+Globe&edition=&startpage=&desc=HP+uses+third+party+to+sell+printers+in+Iran+Calif.+firm%27s+sales+soar+in+embargo, September 25, 2015, dead, and it triggered an inquiry by the U.S. Securities and Exchange Commission (SEC). HP responded that products worth {{US$}}120 million were sold in fiscal year 2008WEB, Fiorina faces questions over HP sales in Iran,www.azcentral.com/news/articles/2009/09/01/20090901calif-fiorina0901-ON.html, The Arizona Republic, September 20, 2015, for distribution via Redington Gulf, a company based in the Netherlands, and that as these sales took place through a foreign subsidiary, HP had not violated sanctions.HP named Redington Gulf “Wholesaler of the Year” in 2003, which in turn published a press release stating that “[t]he seeds of the Redington-Hewlett-Packard relationship were sowed six years ago for one market — Iran.” At the time, Redington Gulf had only three employees whose sole purpose was to sell HP products to the Iran market. According to former officials who worked on sanctions, HP used a loophole by routing their sales through a foreign subsidiary. HP ended its relationship with Redington Gulf after the SEC inquiry.2000–2005
File:Hp Deskjet 3845.jpg|thumb|A Hewlett-Packard Deskjet 3845 printer ]]On September 3, 2001, HP announced that an agreement had been reached with Compaq to merge the two companies.WEB,www.hp.com/hpinfo/newsroom/press/2001/010904a.html, HP Press Release: Hewlett-Packard and Compaq Agree to Merge, Creating $87 billion Global Technology Leader, Hewlett-Packard, May 9, 2010, On May 3, 2002, after passing a shareholder vote, HP officially announced the merger with Compaq.PRESS RELEASE,www.hp.com/hpinfo/newsroom/press/03may02a.htm, HP Closes Compaq Merger, Hewlett-Packard, May 3, 2002, October 7, 2020,www.hp.com/hpinfo/newsroom/press/03may02a.htm," title="web.archive.org/web/20020604190230www.hp.com/hpinfo/newsroom/press/03may02a.htm,">web.archive.org/web/20020604190230www.hp.com/hpinfo/newsroom/press/03may02a.htm, June 4, 2002, Prior to this, plans had been in place to consolidate the companies’ product teams and product lines. The newly-merged company would officially launch five days after the announcement on May 7, 2002.PRESS RELEASE,www.hp.com/hpinfo/newsroom/press/07may02a.htm, The New HP is Ready, Hewlett-Packard, May 7, 2002, March 22, 2024,www.hp.com/hpinfo/newsroom/press/07may02a.htm," title="web.archive.org/web/20020601145231www.hp.com/hpinfo/newsroom/press/07may02a.htm,">web.archive.org/web/20020601145231www.hp.com/hpinfo/newsroom/press/07may02a.htm, June 1, 2002, As Compaq acquired Tandem Computers in 1997 and Digital Equipment Corporation (DEC) in 1998, HP inherited both acquired companies’ product lines, and offered support for the Tandem NonStop family (now owned by Hewlett Packard Enterprise) and DEC products PDP-11, VAX and Alpha. Both the DEC PDP-11 and VAX were discontinued years before the merger, and HP supported DEC Alpha until April 2007.{{Clarify|reason=Do they still do this?|date=July 2021}}The merger was preceded by a proxy fight in 2001 with numerous large HP shareholders as well as the sons of the co-founders, with Bill Hewlett’s son Walter objecting to the merger, only approving it reluctantly.WEB,www.crn.com/it-channel/18817715;jsessionid=D1MDU4QZ5SOHBQE1GHPCKHWATMY32JVN,www.crn.com/it-channel/18817715;jsessionid=D1MDU4QZ5SOHBQE1GHPCKHWATMY32JVN," title="archive.today/20130120033658www.crn.com/it-channel/18817715;jsessionid=D1MDU4QZ5SOHBQE1GHPCKHWATMY32JVN,">archive.today/20130120033658www.crn.com/it-channel/18817715;jsessionid=D1MDU4QZ5SOHBQE1GHPCKHWATMY32JVN, dead, January 20, 2013, Walter Hewlett Files Proxy Against Compaq Merger, CRN, December 27, 2001, March 22, 2024, HP’s pre-merger ticker symbol was “HWP”. After the merger with Compaq, the new ticker symbol became “HPQ”, which was announced on May 6, 2002.PRESS RELEASE,www.hp.com/hpinfo/newsroom/press/06may02c.htm, HP Rings in New Company and New Stock Symbol at NYSE Ceremony, Hewlett-Packard, May 5, 2002, March 22, 2024,www.hp.com/hpinfo/newsroom/press/06may02c.htm," title="web.archive.org/web/20020604190448www.hp.com/hpinfo/newsroom/press/06may02c.htm,">web.archive.org/web/20020604190448www.hp.com/hpinfo/newsroom/press/06may02c.htm, June 4, 2002, “HPQ” is a combination of the two previous symbols, “HWP” and “CPQ”, to show the significance of the alliance and also key letters from the two companies Hewlett-Packard and Compaq (the latter company being famous for incorporating the letter “Q” on its logo for all of their products). HP then went on to become a major producer in desktop computers, laptops, and servers for many different markets.Mscape was a mobile media gaming platform that could be used to create location-based games originating in 2002.HP released the HP Pavilion dv1000 series of laptops in 2004, which included the HP Pavilion dv1658 and dv1040 models. Other laptop models available around this time were the dv4000, dv5000, and the dv8000 series.In January 2005, following years of underperformance, which included HP’s Compaq merger that fell shortWEB,money.cnn.com/2005/03/29/technology/hp_outlook/, HP’s Hurd mentality, La Monica, Paul, money.cnn.com, CNN Money, March 29, 2005, February 12, 2018, and disappointing earning reports,NEWS, The Wall Street Journal, Pui-Wing, Tam, February 10, 2005, H-P’s Board Ousts Fiorina as CEO,www.wsj.com/articles/SB110795431536149934, live, February 12, 2018,www.wsj.com/articles/SB110795431536149934," title="web.archive.org/web/20150123172707www.wsj.com/articles/SB110795431536149934,">web.archive.org/web/20150123172707www.wsj.com/articles/SB110795431536149934, January 23, 2015, the board asked Fiorina to resign as chair and chief executive officer of the company, and she did on February 9, 2005.NEWS, Sullivan, Tom, Fiorina resigns HP CEO post, en, InfoWorld,www.infoworld.com/article/2643814/operating-systems/fiorina-resigns-hp-ceo-post.html, February 5, 2009, July 22, 2017, After her departure, HP’s stock jumped 6.9 percent.WEB,money.cnn.com/2005/02/09/technology/hp_fiorina/index.htm, Fiorina out, HP stock soars, La Monica, Paul, money.cnn.com, CNN Money, February 10, 2005, February 12, 2018, Robert Wayman, chief financial officer of HP, served as interim CEO while the board undertook a formal search for a replacement.WEB,www.gsb.stanford.edu/sites/gsb/files/publication-pdf/cgri-closer-look-21-hp-leadership-challenges.pdf, Leadership Challenges at Hewlett-Packard: Through the Looking Glass, Larcker, David, Tayan, Brian, October 11, 2011, www.gsb.stanford.edu, Mark Hurd of NCR Corporation was hired to take over as CEO and president, effective April 1, 2005. Hurd was the board’s top choice given the revival of NCR that took place under his leadership.2006–2009
File:Hpwelcomesign.jpg|thumb|left|A sign marking the entrance to the HP corporate headquarters in Palo Alto, CaliforniaPalo Alto, California(File:IPAQ-112.jpg|thumb|right|upright=0.9|iPAQ 112 Pocket PC from 2008)In 2006, HP unveiled several new products including desktops, enhanced notebooks, a workstation, and software to manage them—OpenView Client Configuration Manager 2.0.WEB, Boulton, Clint,www.internetnews.com/enterprise/hp-taking-care-of-business-to-get-more/, HP: ‘Taking Care of Business’ to Get More, InternetNews.com, September 6, 2006, April 17, 2022, In that same year, HP’s share price skyrocketed due to consistent results in the last couple quarters of the year with Hurd’s plan to cut back HP’s workforce and lower costs.NEWS, Vance, Ashlee, Ashlee Vance, September 14, 2006, Forget market share, Opteron is a market cap maker, The Register,www.theregister.co.uk/2006/09/14/amd_market_cap/, March 1, 2018, HP began its marketing campaign called “The Computer is Personal Again” in May 2006, aimed at bringing back the personal computer as a personal product. The campaign utilized viral marketing and sophisticated visuals, as well as its own website. Some of the ads featured Pharrell,{{Citation|last=youthconnectionss|title=05 HP - the Computer is Personal Again - Pharrell|date=January 15, 2009|url=https://www.youtube.com/watch?v=2HkcHWh3XOM |archive-url=https://ghostarchive.org/varchive/youtube/20211215/2HkcHWh3XOM |archive-date=December 15, 2021 |url-status=live|access-date=April 3, 2017}}{{cbignore}} Petra Nemcova, Mark Burnett, Mark Cuban, Alicia Keys,WEB,www8.hp.com/za/en/hp-news/press-release.html?id=859724#.WOKRdBLytTY, HP News - HP Launches “Everybody On” Global Marketing Campaign, www8.hp.com, en, April 3, 2017, Jay-Z,{{Citation|last=mikehoho|title=HP Personal - Jay-Z (CEO of Hip-Hop)|date=September 5, 2006|url=https://www.youtube.com/watch?v=XyI5OnECBoM |archive-url=https://ghostarchive.org/varchive/youtube/20211215/XyI5OnECBoM |archive-date=December 15, 2021 |url-status=live|access-date=April 3, 2017}}{{cbignore}} Gwen Stefani, and Shaun White.{{Citation needed|date=April 2011}} This marketing campaign was also incorporated directly onto HP’s product offerings, which included desktops, laptops, and other hardware and software. HP offered three new laptop models in mid-to-late 2006 with the Pavilion dv2000, dv6000, and dv9000 series.In July 2007, HP signed a definitive agreement to acquire Opsware in a cash tender deal that values the company at {{US$|long=no|14.25}} per share, which combined Opsware software with the Oracle enterprise IT management software.WEB, Martens, China,www.pcworld.com/article/134946/article.html, HP Buying Opsware in {{US$, no, 1.6 Billion, Deal|website=PCWorld|language=en|date=July 24, 2007|access-date=March 1, 2018|archive-url=https://web.archive.org/web/20161021065311www.pcworld.com/article/134946/article.html|archive-date=October 21, 2016}}In the first few years of Hurd’s tenure as CEO, HP’s stock price more than doubled. By the end of the 2007 fiscal year, HP reached the {{US$|long=no|100 billion}} mark for the first time. The company’s annual revenue reached {{US$|long=no|104 billion}}, allowing HP to overtake competitor IBM.NEWS, Kim, Ryan,www.sfgate.com/business/article/Mark-Hurd-has-earned-a-name-at-Hewlett-Packard-3287281.php, Mark Hurd has earned a name at Hewlett-Packard, SFGate, April 20, 2008, March 1, 2018, On May 13, 2008, HP and Electronic Data Systems (EDS) announcedPRESS RELEASE,www8.hp.com/us/en/hp-news/press-release.html?id=169924&jumpid=reg_R1002_USEN#.X36eLi9h1VQ, HP to Acquire EDS for $13.9 Billion, May 13, 2008, Hewlett-Packard, October 7, 2020, that they had signed a definitive agreement under which HP would purchase EDS. On June 30, HP announcedPRESS RELEASE,www.hp.com/hpinfo/newsroom/press/2008/080630a.html?jumpid=reg_R1002_USEN, HP Announces Expiration of Waiting Period Under HSR Act, Hewlett-Packard, July 7, 2011, that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 had expired. “The transaction still requires EDS stockholder approval 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 August 26, 2008, at $13 billion, and it was publicly announced that EDS would be re-branded. The first targeted layoff of 24,600 former EDS workers was announced on September 15, 2008.WEB,www.hp.com/hpinfo/newsroom/press/2008/080915a.html, HP Announces Plans to Integrate EDS, Hewlett-Packard, September 18, 2015, (The company’s 2008 annual report gave the number as 24,700, to be completed by end of 2009.WEB,media.corporate-ir.net/media_files/irol/71/71087/AR2008/HTML2/hewlett-packard-ar2008_0119.htm, Annual Report 2008, Hewlett-Packard, 131, September 18, 2015, ) This round was factored into purchase price as a {{US$|long=no|19.5 billion}} liability against goodwill. As of September 23, 2009, EDS was known as HP Enterprise Services (now known as DXC Technology).On November 11, 2009, 3Com and Hewlett-Packard announced that the latter would be acquiring 3Com for {{US$|long=no|2.7 billion}} in cash.PRESS RELEASE,www.hp.com/hpinfo/newsroom/press/2009/091111xa.html, HP to Acquire 3Com for {{US$, no, 2.7 billion, |publisher=Hewlett-Packard |access-date=May 9, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110313162100www.hp.com/hpinfo/newsroom/press/2009/091111xa.html |archive-date=March 13, 2011 }} The acquisition was one of the biggest in size among a series of takeovers and acquisitions by technology giants to push their way to become one-stop shops. Since the beginning of the financial crisis in 2007, tech giants have constantly felt the pressure to expand beyond their current market niches. Dell purchased Perot Systems recently to invade into the technology consulting business area previously dominated by IBM. Hewlett-Packard’s latest move marked its incursion into enterprise networking gear market dominated by Cisco.2010–2012
File:HP Mini 1000.jpg|thumb|A Hewlett-Packard Mini 1000 netbook computer, a type of notebook computer ]]On April 28, 2010, Palm, Inc. and HP announced that the latter would buy the former for {{US$|long=no|1.2 billion}} in cash and debt.PRESS RELEASE,www8.hp.com/us/en/hp-news/press-release.html?id=416441, HP to Acquire Palm for {{US$, no, 1.2 billion, |publisher=Hewlett-Packard |access-date=May 18, 2017}} Adding Palm handsets to the HP product line created some overlap with the iPAQ series of mobile devices, but was thought to significantly improve HP’s mobile presence as iPAQ devices had not been selling well. Buying Palm, Inc. gave HP a library of valuable patents and the mobile operating platform, webOS. On July 1, 2010, the acquisition of Palm, Inc. was finalized.WEB, VentureBeat, Dean, Takahashi,venturebeat.com/2010/07/01/hp-closes-deal-on-1-2b-acquisition-of-palm/, HP Closes deal on $1.2B acquisition of Palm, July 1, 2010, Purchasing its webOS was a big gamble to build HP’s own ecosystem.MAGAZINE, Cliff, Edwards, Aaron, Ricadela, BusinessWeek,www.businessweek.com/magazine/content/11_27/b4235040584134.htm, HP’s Plan to Make TouchPad a Hit, June 23, 2011, June 24, 2011,www.businessweek.com/magazine/content/11_27/b4235040584134.htm," title="archive.today/20130118144710www.businessweek.com/magazine/content/11_27/b4235040584134.htm,">archive.today/20130118144710www.businessweek.com/magazine/content/11_27/b4235040584134.htm, January 18, 2013, dead, On July 1, 2011, HP launched its first tablet, HP TouchPad, which brought webOS to tablet devices. On September 2, 2010, HP won the bidding war for 3PAR with a {{US$|long=no|33}} a share offer ({{US$|long=no|2.07 billion}}) that Dell declined to match. After HP acquired Palm Inc., it phased out the Compaq brand.On August 6, 2010, Hurd resigned amid controversy and CFO Cathie Lesjak assumed the role of interim CEO. Hurd had turned HP around and was widely regarded as one of Silicon Valley’s star CEOs, and under his leadership, HP became the largest computer company in the world when measured by total revenue.NEWS, Meyers, Michelle, Kerstetter, Jim,www.cnet.com/news/oracle-hires-former-hp-ceo-hurd-as-president/, Oracle hires former HP CEO Hurd as president, September 6, 2010, CNET, March 1, 2018, en, He was accused of sexual harassment against a colleague, though the allegations were deemed baseless. The investigation led to questions concerning some of his private expenses and the lack of disclosure related to the friendship.NEWS,www.wsj.com/articles/SB10001424052748704268004575417800832885086, Hurd Neglected To Follow H-P Code, Ben Worthen And Joann S. Lublin, August 8, 2010, The Wall Street Journal, MAGAZINE, Gregory, Sean,content.time.com/time/business/article/0,8599,2009617,00.html, Mark Hurd Ouster: Why HP Had to Force CEO’s Resignation, August 10, 2010, Time, Some observers have argued that Hurd was innocent, but the board asked for his resignation to avoid negative public relations.WEB, Blodget, Henry,www.businessinsider.com/backlash-against-hewlett-packard-grows-it-seems-mark-hurd-fired-because-company-scared-of-bad-pr-over-bogus-sexual-harassment-allegation-2010-8, Here’s The Real Reason HP CEO Mark Hurd Was Fired (As Best We Can Tell ...), August 10, 2010, Business Insider, Public analysis was divided between those who saw it as a commendable tough action by HP in handling expenses irregularities, and those who saw it as an ill-advised, hasty, and expensive reaction in ousting a remarkably capable leader who had turned the business around.NEWS, Vance, Ashlee, Richtel, Matt, H.P. Followed a P.R. Specialist’s Advice in the Hurd Case,www.nytimes.com/2010/08/10/technology/10hp.html, The New York Times, August 9, 2010, At HP, Hurd oversaw a series of acquisitions worth over $20 billion, which allowed the company to expand into services of networking equipment and smartphones.NEWS,www.theatlantic.com/business/archive/2010/09/does-hurds-new-oracle-gig-prove-business-ethics-dont-matter/62559/, Does Hurd’s New Oracle Gig Prove Business Ethics Don’t Matter?, Indiviglio, Daniel, The Atlantic, September 7, 2010, March 1, 2018, en-US, HP shares dropped by 8.4% in after-hours trading, hitting a 52-week low with $9 billion in market capitalization shaved off.NEWS,www.businessweek.com/articles/2013-01-11/100-top-employees-who-left-hewlett-packard-since-2010#r=lr-fst,www.businessweek.com/articles/2013-01-11/100-top-employees-who-left-hewlett-packard-since-2010#r=lr-fst," title="web.archive.org/web/20130113083725www.businessweek.com/articles/2013-01-11/100-top-employees-who-left-hewlett-packard-since-2010#r=lr-fst,">web.archive.org/web/20130113083725www.businessweek.com/articles/2013-01-11/100-top-employees-who-left-hewlett-packard-since-2010#r=lr-fst, dead, January 13, 2013, One Hundred Top Employees Who Left Hewlett-Packard Since 2010, Bloomberg L.P., Bloomberg, January 11, 2013, January 18, 2013, Larry Ellison publicly attacked HP’s board for Hurd’s ousting, stating that the HP board had “made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago”.NEWS, Vance, Ashlee, Oracle Chief Faults H.P. Board for Forcing Hurd’s Resignation,www.nytimes.com/2010/08/10/technology/10hewlett.html, The New York Times, August 9, 2010, On September 30, 2010, Léo Apotheker was named HP’s new CEO and president.PRESS RELEASE, September 30, 2010, Léo Apotheker Named CEO and President of HP,investor.hp.com/news/press-release-details/2010/Lo-Apotheker-Named-CEO-and-President-of-HP/default.aspx, October 7, 2020, Hewlett-Packard, His appointment sparked a strong reaction from Ellison,WEB, Simons, Mike, Larry Ellison outraged as HP hands top job to ex -SAP CEO,www.computerworlduk.com/news/it-business/3242184/larry-ellison-outraged-as-hp-hands-top-job-to-ex--sap-ceo/, dead,www.computerworlduk.com/news/it-business/3242184/larry-ellison-outraged-as-hp-hands-top-job-to-ex--sap-ceo/," title="archive.today/20130119201028www.computerworlduk.com/news/it-business/3242184/larry-ellison-outraged-as-hp-hands-top-job-to-ex--sap-ceo/,">archive.today/20130119201028www.computerworlduk.com/news/it-business/3242184/larry-ellison-outraged-as-hp-hands-top-job-to-ex--sap-ceo/, January 19, 2013, October 4, 2010, July 7, 2011, ComputerworldUK.com, who complained that Apotheker had been in charge of SAP when one of its subsidiaries was systematically stealing software from Oracle. SAP accepted that its subsidiary, which has now closed, illegally accessed Oracle intellectual property.WEB, Niccolai, James, SAP accepts some liability in Oracle lawsuit,www.computerworlduk.com/news/applications/3234474/sap-accepts-some-liability-in-oracle-lawsuit/, dead,www.computerworlduk.com/news/applications/3234474/sap-accepts-some-liability-in-oracle-lawsuit/," title="archive.today/20120729131937www.computerworlduk.com/news/applications/3234474/sap-accepts-some-liability-in-oracle-lawsuit/,">archive.today/20120729131937www.computerworlduk.com/news/applications/3234474/sap-accepts-some-liability-in-oracle-lawsuit/, July 29, 2012, August 6, 2010, July 7, 2011, ComputerworldUK.com, Following Hurd’s departure, HP was seen to be problematic by the market, with margins falling and having failed to redirect and establish itself in major new markets such as cloud and mobile services.{{citation needed|date=August 2014}} Apotheker’s strategy was to broadly aim at disposing hardware and moving into the more profitable software services sector. On August 18, 2011, HP announced that it would strategically exit the smartphone and tablet computer business, and focus on higher-margin “strategic priorities of Cloud, solutions and software with an emphasis on enterprise, commercial and government markets”.WEB,h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1598003&highlight=, P Reports Third Quarter 2011 Results and Initiates Company Transformation, HP.com, August 18, 2011, It also contemplated selling off its personal computer division or spinning it off into a separate company,NEWS, Iwatani, Yukari,www.wsj.com/articles/SB10001424053111904070604576516770382416428, Pioneering Firm Bows to ‘Post-PC World’, The Wall Street Journal, August 19, 2011, November 30, 2011, and quitting PC development while continuing to sell servers and other equipment to business customers, which was a strategy undertaken by IBM in 2005.WEB, Robertson, Jordan, August 18, 2011, In nod to IBM, HP overhaul minimizes consumers,finance.yahoo.com/news/In-nod-to-IBM-HP-overhaul-apf-707823588.html, Yahoo! Finance, dead,web.archive.org/web/20130911000845/https://finance.yahoo.com/news/In-nod-to-IBM-HP-overhaul-apf-707823588.html, September 11, 2013, HP’s stock dropped by about a further 40% after the company abruptly announced a number of decisions: to discontinue its webOS device business (mobile phones and tablet computers), the intent to sell its personal computer division (at the time HP was the largest personal computer manufacturer in the world), and to acquire British big data software firm Autonomy for a 79% premium, seen externally as an “absurdly high” price for a business with known concerns over its accounts.WEB, HPQ stock since naming Leo Apotheker CEO.,investing.money.msn.com/investments/equity-charts?symbol=US%3aHPQ, MSN Money, August 30, 2014,investing.money.msn.com/investments/equity-charts?symbol=US%3aHPQ," title="web.archive.org/web/20140728102337investing.money.msn.com/investments/equity-charts?symbol=US%3aHPQ,">web.archive.org/web/20140728102337investing.money.msn.com/investments/equity-charts?symbol=US%3aHPQ, July 28, 2014, dead, Media analysts described HP’s actions as a “botched strategy shift” and a “chaotic” attempt to rapidly reposition HP and enhance earnings.WEB,www.businessweek.com/articles/2012-11-29/why-hewlett-packards-impulse-buy-didnt-pay-off, Why Hewlett-Packard’s Impulse Buy Didn’t Pay Off, Bloomberg BusinessWeek, November 29, 2012, Apotheker believed that HP’s platform was sinking ... [and] appeared to be in a hurry to transform the company ... In a rapid series of moves announced in August 2011, Apotheker killed HP’s six-week-old TouchPad tablet, explored plans for a spin-out of its PC business, and championed the {{US$, no, 10.3 billion, acquisition of Autonomy. One former HP executive who worked there at the time says it appeared that Apotheker and the board didn’t know what to do, and were trying anything they could think of. It wasn’t a strategy, he says. It was chaos ... Oracle CEO Larry Ellison called Autonomy’s asking price ‘absurdly high’. |archive-url=https://web.archive.org/web/20121203051546www.businessweek.com/articles/2012-11-29/why-hewlett-packards-impulse-buy-didnt-pay-off |archive-date=2012-12-03 |url-status=dead}}NEWS,www.telegraph.co.uk/finance/newsbysector/industry/8709821/Autonomy-board-backs-7bn-Hewlett-Packard-offer.html,ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/finance/newsbysector/industry/8709821/Autonomy-board-backs-7bn-Hewlett-Packard-offer.html, January 11, 2022, subscription, live, Autonomy board backs £7bn Hewlett-Packard offer, The Daily Telegraph, August 19, 2011, {{cbignore}}’WEB,www.reuters.com/article/us-hp-autonomy-idUSTRE79269E20111003, HP closes Autonomy deal, Reuters, November 3, 2011, Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month. HP said its 25.50 pounds-per-share cash offer – representing a 79 percent premium that many HP shareholders found excessive – had been accepted by investors., The Autonomy acquisition was objected to by HP’s own CFO.Rage of the Titans: Whitman vs Lynch, The Daily Telegraph, November 25, 2012{{rp|3–6}}HP lost more than {{US$|long=no|30 billion}} in market capitalization during Apotheker’s tenure, and on September 22, 2011, the HP Board of Directors fired him as chief executive and replaced him with fellow board member and former eBay chief Meg Whitman,NEWS, HP names Meg Whitman as CEO,www.marketwatch.com/story/h-p-names-meg-whitman-as-ceo-2011-09-22?reflink=MW_news_stmp, MarketWatch, Crum, Rex, with Raymond J. Lane as executive chairman. Although Apotheker served barely ten months, he received over {{US$|long=no|13 million}} in compensation.NEWS,www.news.com.au/finance/new-hewlett-packard-chief-meg-whitman-chief-gets-1-salary-ex-boss-leo-apotheker-gets-13m/news-story/67a33f3a943539e896c427189e5b679f, New Hewlett-Packard chief Meg Whitman gets {{US$, no, 1, salary, Leo Apotheker gets {{US$|long=no|13m}}|website=news.com.au|date=September 30, 2011|via=AFP}} Weeks later, HP announced that a review had concluded their PC division was too integrated and critical to business operations, and the company reaffirmed their commitment to the Personal Systems Group.PRESS RELEASE, October 27, 2011, HP to Keep PC Division,www8.hp.com/us/en/hp-news/press-release.html?id=1159141#.X36geS9h1VQ, October 7, 2020, Hewlett-Packard, In November 2012, HP wrote off almost {{US$|long=no|9 billion}} related to the Autonomy acquisition, which became the subject of intense litigation, as HP accused Autonomy’s previous management of fraudulently exaggerating Autonomy’s financial position and called in law enforcement and regulators in both countries, while Autonomy’s previous management accused HP of “textbook” obfuscation and finger pointing to protect HP’s executives from criticism and conceal HP culpability, their prior knowledge of Autonomy’s financial position, and gross mismanagement of Autonomy after acquisition.Motion by Hussain, 2014-08-11 p.1-6{{rp|6}}On March 21, 2012, HP said its printing and PC divisions would become one unit headed by Todd Bradley from the PC division, and printing chief Vyomesh Joshi left the company.NEWS,www.newsobserver.com/2012/03/22/1949230/hp-to-combine-pc-printing-units.html, HP to combine PC, printing units, March 22, 2012, March 22, 2012, Bailey, Brandon, San Jose Mercury News,www.newsobserver.com/2012/03/22/1949230/hp-to-combine-pc-printing-units.html," title="web.archive.org/web/20120327013222www.newsobserver.com/2012/03/22/1949230/hp-to-combine-pc-printing-units.html,">web.archive.org/web/20120327013222www.newsobserver.com/2012/03/22/1949230/hp-to-combine-pc-printing-units.html, March 27, 2012, dead, On May 23, 2012, HP announced plans to lay off approximately 27,000 employees, after posting a profit decline of 31% in the second quarter of 2012.NEWS, Poornima, Gupta, May 23, 2012, Analysts back Hewlett-Packard’s layoff plans, Reuters,www.reuters.com/article/us-hp-idUSBRE84M1DX20120524, October 7, 2020, Profits declined because of the growing popularity of smart phones, tablets, and other mobile devices, which slowed down personal computer sales.WEB, HP announces 27,000 job cuts,timesofindia.indiatimes.com/tech/careers/job-trends/HP-announces-27000-job-cuts/articleshow/13435786.cms, The Times of India, dead,timesofindia.indiatimes.com/tech/careers/job-trends/HP-announces-27000-job-cuts/articleshow/13435786.cms," title="web.archive.org/web/20120525055418timesofindia.indiatimes.com/tech/careers/job-trends/HP-announces-27000-job-cuts/articleshow/13435786.cms,">web.archive.org/web/20120525055418timesofindia.indiatimes.com/tech/careers/job-trends/HP-announces-27000-job-cuts/articleshow/13435786.cms, May 25, 2012, March 30, 2018, On May 30, 2012, HP unveiled its first net zero energy data center, which used solar energy and other renewable sources instead of traditional power grids.NEWS,economictimes.indiatimes.com/tech/ites/pc-maker-hp-unveils-its-first-net-zero-energy-data-centre/articleshow/13687250.cms, PC-maker HP unveils its first net-zero energy data centre, The Times of India, May 31, 2012, On July 10, 2012, HP’s Server Monitoring Software was discovered to have a previously unknown security vulnerability.WEB,www.voiceofgreyhat.com/2012/07/zero-day-vulnerability-found-in-server.html, Zero-Day Vulnerability Found in The Server Monitoring Software of HP, voiceofgreyhat.com, July 10, 2012, A security warning was given to customers about two vulnerabilities, and a patch addressing the issues was released.WEB,h20566.www2.hp.com/portal/site/hpsc/public/kb/docDisplay/?docId=emr_na-c03397769&ac.admitted=1342007519871.876444892.199480143,h20566.www2.hp.com/portal/site/hpsc/public/kb/docDisplay/?docId=emr_na-c03397769&ac.admitted=1342007519871.876444892.199480143," title="archive.today/20130103120028h20566.www2.hp.com/portal/site/hpsc/public/kb/docDisplay/?docId=emr_na-c03397769&ac.admitted=1342007519871.876444892.199480143,">archive.today/20130103120028h20566.www2.hp.com/portal/site/hpsc/public/kb/docDisplay/?docId=emr_na-c03397769&ac.admitted=1342007519871.876444892.199480143, dead, January 3, 2013, HP Support document, July 10, 2012, One month later, HP’s official training center was hacked and defaced by a Pakistani hacker known as Hitcher to demonstrate a Web vulnerability.WEB,www.voiceofgreyhat.com/2012/08/HP-Training-Center-Official-Website-Hacked.html, HP Training Center Official Website Hacked & Defaced, voiceofgreyhat.com, August 12, 2012, On September 10, 2012, HP revised their restructuring figures and started cutting 29,000 jobs.NEWS, Whittaker, Zack,www.zdnet.com/hp-revises-restructuring-figures-now-cutting-29000-jobs-7000003973/, HP revises restructuring figures; now cutting 29,000 jobs, ZDNet, September 10, 2012, September 10, 2012,2013–2015
On December 31, 2013, HP revised the number of jobs cut from 29,000 to 34,000 up to October 2014. The number of jobs cut until the end of 2013 was 24,600.WEB, Moon, M., HP woes continue as 5,000 more employees face the axe,www.engadget.com/2013/12/31/hp-lay-off-5000-employees/, December 31, 2013, engadget, December 31, 2013, NEWS, Hardy, Quentin, Gelles, David, Hewlett-Packard Is Said to Be Planning a Split of Businesses,www.nytimes.com/2014/10/06/technology/hewlett-packard-is-said-to-be-planning-a-reorganization.html, The New York Times, October 5, 2014, October 6, 2014, WEB,www.nbcbayarea.com/news/tech/HP-Confirms-Higher-Layoffs-Expected-238285781.html, HP Confirms Higher Layoffs Expected, December 31, 2013, NBC Bay Area, At the end of 2013 the company had 317,500 employees. On May 22, 2014, HP announced it would cut a further 11,000 to 16,000 jobs, in addition to the 34,000 announced in 2013. Whitman said: “We are gradually shaping HP into a more nimble, lower-cost, more customer and partner-centric company that can successfully compete across a rapidly changing IT landscape.“NEWS, Nearly 16,000 jobs are set to go at Hewlett-Packard,www.bignewsnetwork.com/index.php/sid/222273041/scat/c08dd24cec417021/ht/Nearly-16000-jobs-are-set-to-go-at-Hewlett-Packard, Big News Network, May 23, 2014, {{Anchor|THE-MACHINE}} During the June 2014 HP Discover customer event in Las Vegas, Whitman and Martin Fink announced a project for a radically new computer architecture called The Machine. Based on memristors and silicon photonics, it was supposed to come into commercialization before the end of the decade, and represented 75% of the research activity in HP Labs at the time.NEWS,www.enterprisetech.com/2014/06/12/hp-puts-memristors-heart-new-machine/, HP Puts Memristors At The Heart Of A New Machine, Morgan, Timothy Prickett, June 12, 2014, EnterpriseTech, December 14, 2014, On October 6, 2014, HP announced it was going to split into two separate companies to separate its personal computer and printer businesses from its technology services. The split, which was first reported by The Wall Street Journal and confirmed by other media, resulted in two publicly traded companies on November 1, 2015: Hewlett Packard Enterprise and HP Inc. The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company.NEWS, Darrow, Barb, Bye-bye HP, it’s the end of an era,fortune.com/2015/10/30/bye-bye-hp/, Fortune Magazine, October 30, 2015, See company history section of HP Inc.’s information page at the NYSE Web site Whitman became chairman of HP Inc. and CEO of Hewlett Packard Enterprise, Patricia Russo became chairman of the enterprise business, and Dion Weisler became CEO of HP, Inc.NEWS, Koch, Wendy, Hewlett-Packard plans to break into two,www.usatoday.com/story/money/business/2014/10/05/report-hewlett-packard-plans-to-break-into-two/16768635/, USA Today, October 5, 2014, October 6, 2014, WEB, Hewlett-Packard to Split Into Two Companies: Report,www.nbcnews.com/business/business-news/hewlett-packard-split-two-companies-report-n218926, NBC News, October 6, 2014, October 6, 2014, PRESS RELEASE, HP To Separate Into Two New Industry-Leading Public Companies,www8.hp.com/us/en/hp-news/press-release.html?id=1809455, Hewlett-Packard, Palo Alto, California, October 6, 2014, October 6, 2014, On October 29, 2014, Hewlett-Packard announced their new Sprout personal computer.NEWS, Baig, Edward C., First Look: HP pushes into 3-D printing, Blended Reality,www.usatoday.com/story/tech/columnist/baig/2014/10/29/hp-sprout-3d-printing-first-look/18105925/, USA Today, October 29, 2014, In May 2015, the company announced it would be selling its controlling 51 percent stake in its Chinese data-networking business to Tsinghua Unigroup for a fee of at least {{US$|long=no|2.4 billion}}.NEWS, Yimou, Lee, May 21, 2015, HP sells {{US$, no, 2.3 billion, China unit stake to forge partnership with Tsinghua Unigroup|work=Reuters|url=https://www.reuters.com/article/us-hp-m-a-tsinghuaunigroup/hp-sells-2-3-billion-china-unit-stake-to-forge-partnership-with-tsinghua-unigroup-idUSKBN0O703V20150522|access-date=October 7, 2020}}Facilities
File:Siege HP courtaboeuf.JPG|thumb|The research center of Hewlett-Packard in the Paris-Saclay cluster, France]]HP’s global operations were directed from its headquarters in Palo Alto, California. Its US operations were directed from its facility in an unincorporated area of Harris County, Texas, near Houston. Its Latin America offices were in unincorporated Miami-Dade County, Florida. Its European offices were in Meyrin, close to Geneva, Switzerland,“WEB,www.meyrin.ch/jahia/webdav/site/meyrin/shared/documents/informations%20utiles/Plan%20Commune%20Meyrin.pdf, Plan de commune, Meyrin, September 29, 2009,www.meyrin.ch/jahia/webdav/site/meyrin/shared/documents/informations%20utiles/Plan%20Commune%20Meyrin.pdf," title="web.archive.org/web/20110706235513www.meyrin.ch/jahia/webdav/site/meyrin/shared/documents/informations%20utiles/Plan%20Commune%20Meyrin.pdf,">web.archive.org/web/20110706235513www.meyrin.ch/jahia/webdav/site/meyrin/shared/documents/informations%20utiles/Plan%20Commune%20Meyrin.pdf, July 6, 2011, but it also had a research center in the Paris-Saclay cluster 20 km south of Paris, France. Its Asia-Pacific offices were in Singapore.WEB,welcome.hp.com/country/us/en/privacy.html#10, HP Online privacy statement, Welcome.HP.com, July 7, 2011,welcome.hp.com/country/us/en/privacy.html," title="web.archive.org/web/20100506075451welcome.hp.com/country/us/en/privacy.html,">web.archive.org/web/20100506075451welcome.hp.com/country/us/en/privacy.html, May 6, 2010, WEB,www.hp.com/country/us/en/contact/office_locs.html, HP Office locations, Hewlett-Packard, July 7, 2011,www.hp.com/country/us/en/contact/office_locs.html," title="web.archive.org/web/20110609002810www.hp.com/country/us/en/contact/office_locs.html,">web.archive.org/web/20110609002810www.hp.com/country/us/en/contact/office_locs.html, June 9, 2011, WEB, HP Worldwide Sales and Services Directory,welcome.hp.com/country/us/en/Worldwide_Dir5.pdf, dead,welcome.hp.com/country/us/en/Worldwide_Dir5.pdf," title="web.archive.org/web/20050129160007welcome.hp.com/country/us/en/Worldwide_Dir5.pdf,">web.archive.org/web/20050129160007welcome.hp.com/country/us/en/Worldwide_Dir5.pdf, January 29, 2005, October 7, 2012, Welcome.hp.com, HP had large operations in Leixlip, Ireland;WEB,www8.hp.com/ie/en/contact-hp/office-locations.html, Contact HP - Office locations, HP Ireland,www8.hp.com/ie/en/contact-hp/office-locations.html," title="web.archive.org/web/20140217021931www8.hp.com/ie/en/contact-hp/office-locations.html,">web.archive.org/web/20140217021931www8.hp.com/ie/en/contact-hp/office-locations.html, February 17, 2014, dead, Austin, Texas; Boise, Idaho; Corvallis, Oregon; Fort Collins, Colorado; Roseville, California; Saint Petersburg, Florida; San Diego, California; Tulsa, Oklahoma; Vancouver, Washington; Conway, Arkansas; and Plano, Texas. In the UK, HP was based at a large site in Bracknell, Berkshire, with offices in various UK locations, including a landmark office tower in London, 88 Wood Street.Its acquisition of 3Com expanded its employee base to Marlborough, Massachusetts, where HP Inc. has been manufacturing its convertible laptop series since late 2019. HP had a large workforce and numerous offices in Bucharest, Romania, and at Bangalore, India, to address their back end and IT operations. Mphasis, which is headquartered at Bangalore, also enabled HP to increase their footprint in the city, as it was a subsidiary of EDS which the company acquired.Products and organizational structure
(File:Hewlett-Packard-Japan-Head-office.jpg|thumb|HP’s head office in Japan, 2011)HP produced lines of printers, scanners, digital cameras, calculators, personal digital assistants, servers, workstation computers, and computers for home and small-business use; many of the computers came from the 2002 merger with Compaq. HP {{as of | 2001 | lc = on}} promoted itself as supplying not just hardware and software, but also a full range of services to design, implement, and support IT infrastructure.HP’s Imaging and Printing Group (IPG) was described by the company in 2005 as “the leading imaging and printing systems provider in the world for printer hardware, printing supplies and scanning devices, providing solutions across customer segments from individual consumers to small and medium businesses to large enterprises”.WEB,www.shareholder.com/Common/Edgar/47217/1047469-05-28479/05-00.pdf, Hewlett-Packard Co. : Form 10-K, Hewlett-Packard, October 7, 2012,www.shareholder.com/Common/Edgar/47217/1047469-05-28479/05-00.pdf," title="web.archive.org/web/20120910164717www.shareholder.com/Common/Edgar/47217/1047469-05-28479/05-00.pdf,">web.archive.org/web/20120910164717www.shareholder.com/Common/Edgar/47217/1047469-05-28479/05-00.pdf, September 10, 2012, dead, Products and technology associated with IPG included the Inkjet and LaserJet printers, the Officejet all-in-one multifunction printer/scanner/faxes, Indigo Digital Press, the HP Photosmart digital cameras and photo printers, and the photo sharing service Snapfish.(File:A laptop and desktop machine before they were handed over to the Federal Parliament Commitee on National Security, Interior and Governance on 19th January 2014 at the AMISOM office. (12065737555).jpg|thumb|Hewlett-Packard 2014’s desktop, monitor and laptop)(File:Portable Computing, 2004 Style.jpg|thumb|upright=0.9|iPAQ h4150 Pocket PC from 2003)On December 23, 2008, HP released iPrint Photo for the iPhone.The HP iPrint Photo. Hp.com. Retrieved July 26, 2013.HP’s Personal Systems Group (PSG) was claimed by HP in 2005 to be “one of the leading vendors of personal computers (“PCs“) in the world based on unit volume shipped and annual revenue”. PSG dealt with business and consumer PCs and accessories (such as e.g., HP Pavilion, Compaq Presario, and VoodooPC), handheld computing (e.g., iPAQ Pocket PC), digital “connected” entertainment (e.g., HP MediaSmart TVs, HP MediaSmart Servers, HP MediaVaults, DVD+RW drives) and Apple’s iPod (until November 2005).HP Enterprise Business (EB) incorporated HP Technology Services and Enterprise Services (an amalgamation of the former EDS, and what was known as HP Services). HP Enterprise Security Services oversaw professional services such as network security, information security and information assurance/compliancy, HP Software Division, and Enterprise Servers, Storage and Networking Group (ESSN). The Enterprise Servers, Storage and Networking Group (ESSN) oversaw “back end” products like storage and servers. HP Networking (former ProCurve) was responsible for the NW family of products.File:HP PhotoSmart SDIO Kamera.jpg|thumb|right|An HP camera with an SDIO interface, designed for use in conjunction with a Pocket PC]]HP Software Division was the company’s enterprise software unit, which produced and marketed its brand of enterprise-management software, HP OpenView. From September 2005 HP purchased several software companies as part of a publicized, deliberate strategy to augment its software offerings for large business customers.WEB,www.hp.com/hpinfo/newsroom/, HP Press release archives, Hewlett-Packard, July 7, 2011, HP Software sold several categories of software, which included business service management software, application lifecycle management software, mobile apps, and enterprise security software (the latter of which included, ArcSight, Fortify Software, Atalla and TippingPoint). HP Software also provided software as a service (SaaS), cloud computing solutions, and software services, including consulting, education, professional services, and support.HP’s Office of Strategy and TechnologyWEB, HP Executive Team Bios: Shane Robison,www.hp.com/hpinfo/execteam/bios/robison.html, dead,www.hp.com/hpinfo/execteam/bios/robison.html," title="web.archive.org/web/20021017192620www.hp.com/hpinfo/execteam/bios/robison.html,">web.archive.org/web/20021017192620www.hp.com/hpinfo/execteam/bios/robison.html, October 17, 2002, July 7, 2011, Hewlett-Packard,
had four main functions: To steer the company’s $3.6 billion research and development investment; foster the development of the company’s global technical community; lead the company’s strategy and corporate development efforts,WEB, HP newsletter examines how ProCurve model fits,www.hp.com/rnd/itmgrnews/hp_examines.htm,www.hp.com/rnd/itmgrnews/hp_examines.htm," title="web.archive.org/web/20070320231850www.hp.com/rnd/itmgrnews/hp_examines.htm,">web.archive.org/web/20070320231850www.hp.com/rnd/itmgrnews/hp_examines.htm, dead, March 20, 2007, July 4, 2014, and perform worldwide corporate marketing activities.
HP Labs served as the research arm of HP.HP also offered managed services by which they provide complete IT-support solutions for other companies and organizations. One example of these was offering “Professional Support” and desktop “Premier Support” for Microsoft in the EMEA marketplace. This was done from the Leixlip campus near Dublin, Sofia and Israel. Support was offered for Microsoft Windows, Exchange, SharePoint, and some office applications.WEB, Wilcox, Joe,www.microsoft-watch.com/content/business_applications/what_the_hpmicrosoft_deal_really_means.html, HP-MS support deal, Microsoft-watch.com, December 14, 2006, July 7, 2011,www.microsoft-watch.com/content/business_applications/what_the_hpmicrosoft_deal_really_means.html," title="archive.today/20120913190146www.microsoft-watch.com/content/business_applications/what_the_hpmicrosoft_deal_really_means.html,">archive.today/20120913190146www.microsoft-watch.com/content/business_applications/what_the_hpmicrosoft_deal_really_means.html, September 13, 2012, dead, Staff and culture
{{Further|List of Hewlett-Packard executive leadership}}Notable people
- Michael Capellas (Compaq CEO/Chairman – HP President)PRESS RELEASE, November 11, 2002, Hewlett-Packard Announces Departure of Michael D. Capellas,www8.hp.com/us/en/hp-news/press-release.html?id=170715.X36kEy9h1VQ, October 7, 2020, Hewlett-Packard,
- Barney Oliver, founder and director of HP Labs
- Steve WozniakWEB, hpandwoz,www.youtube.com/watch?v=UMRmG72LBU8,ghostarchive.org/varchive/youtube/20211215/UMRmG72LBU8, December 15, 2021, live, Steve Wozniak Talks About HP, YouTube, April 23, 2010, November 30, 2011, {{cbignore}}
- Tom Perkins
- Carly Fiorina, 2016 Republican presidential candidate
- Matt Shaheen, management consultant executive at HP Enterprise Services in Plano, Texas; Republican member of the Texas House of Representatives
- Enrique Lores, CEO HP Inc.
Corporate social responsibility
In July 2007, the company announced that it had met its 2004 target to recycle one billion pounds of electronics, toner, and ink cartridges.WEB, HP Meets Billion Pound Recycling Goal Six Months Early, Sets Target for 2 billion Pounds by 2010,www.mysolutioninfo.com/news-display.aspx?Code=1951&t=HP%20Meets%20Billion%20Pound%20Recycling%20Goal%20Six%20Months%20Early,%20Sets%20Target%20for%202%20Billion%20Pounds%20by%202010, dead,www.mysolutioninfo.com/news-display.aspx?Code=1951&t=HP%20Meets%20Billion%20Pound%20Recycling%20Goal%20Six%20Months%20Early,%20Sets%20Target%20for%202%20Billion%20Pounds%20by%202010," title="web.archive.org/web/20071004214416www.mysolutioninfo.com/news-display.aspx?Code=1951&t=HP%20Meets%20Billion%20Pound%20Recycling%20Goal%20Six%20Months%20Early,%20Sets%20Target%20for%202%20Billion%20Pounds%20by%202010,">web.archive.org/web/20071004214416www.mysolutioninfo.com/news-display.aspx?Code=1951&t=HP%20Meets%20Billion%20Pound%20Recycling%20Goal%20Six%20Months%20Early,%20Sets%20Target%20for%202%20Billion%20Pounds%20by%202010, October 4, 2007, July 16, 2007, My Solution Info, It 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.WEB, 2009 HP Global Citizenship Report,www8.hp.com/us/en/pdf/fy09_fullreport_tcm_245_1357633.pdf, October 7, 2020, In 2008, HP released its supply chain emissions data.WEB, Heimbuch, Jaymi, HP Steps Up IT Industry Transparency, Releases Supply Chain Emissions Data,www.treehugger.com/files/2008/09/hp-steps-up-it-industry-with-carbon-emissions-report.php, Treehugger.com, dead,www.treehugger.com/clean-technology/hp-steps-up-it-industry-transparency-releases-supply-chain-emissions-data.html," title="archive.today/20120913012514www.treehugger.com/clean-technology/hp-steps-up-it-industry-transparency-releases-supply-chain-emissions-data.html,">archive.today/20120913012514www.treehugger.com/clean-technology/hp-steps-up-it-industry-transparency-releases-supply-chain-emissions-data.html, September 13, 2012, September 24, 2008, October 21, 2009, In September 2009, Newsweek ranked HP No. 1 on its 2009 Green Rankings of America’s 500 largest corporations.WEB,greenrankings.newsweek.com/companies/view/hewlett-packard, Hewlett-Packard – Green Rating, Newsweek, Newsweek, Inc., September 22, 2009,greenrankings.newsweek.com/companies/view/hewlett-packard," title="web.archive.org/web/20090924234432greenrankings.newsweek.com/companies/view/hewlett-packard,">web.archive.org/web/20090924234432greenrankings.newsweek.com/companies/view/hewlett-packard, September 24, 2009, dead, According to Environmental Leader (now Environment + Energy Leader), “Hewlett-Packard earned its number one position due to its greenhouse gas (GHG) emission reduction programs, and was the first major IT company to report GHG emissions associated with its supply chain, according to the ranking. In addition, HP has made an effort to remove toxic substances from its products, though Greenpeace has targeted the company for not doing better.“WEB, Roos, Gina,www.environmentalleader.com/2009/09/22/hp-dell-jj-intel-and-ibm-top-newsweeks-inaugural-green-rankings/, HP, Dell, J&J, Intel and IBM Top Newsweek’s Inaugural Green Rankings, EnvironmentalLeader.com, September 22, 2009, September 22, 2009, HP took the top spot on Corporate Responsibility Magazine{{’}}s 100 Best Corporate Citizens List for 2010.WEB,www.thecro.com/files/CR100Best.pdf, CR’s 100 Best Corporate Citizens 2010, CRO Corp, June 1, 2010,www.thecro.com/files/CR100Best.pdf," title="web.archive.org/web/20100730043059www.thecro.com/files/CR100Best.pdf,">web.archive.org/web/20100730043059www.thecro.com/files/CR100Best.pdf, July 30, 2010, HP beat out other Russell 1000 Index companies because of its leadership in seven categories including environment, climate changes and corporate philanthropy. In 2009, HP was ranked fifth.Coster, Helen (March 3, 2010). “The 100 Best Corporate Citizens”. Forbes. Retrieved March 3, 2010.Fortune magazine named HP one of the World’s Most Admired Companies in 2010, placing it No. 2 in the computer industry and No. 32 overall in its list of the top 50. This year in the computer industry HP was ranked No. 1 in social responsibility, long-term investment, global competitiveness, and use of corporate assets.“World’s Most Admired Companies 2010: Hewlett-Packard snapshot”. FORTUNE on CNNMoney.com. March 22, 2010. Retrieved June 1, 2010.In May 2011, HP released a Global Responsibility report covering accomplishments in 2010.WEB,www.hp.com/hpinfo/globalcitizenship/, HP official corporate responsibility report 2010, Hewlett-Packard, July 7, 2011, It provides a comprehensive view of HP’s global citizenship programs, performance, and goals and describes how HP used its technology, influence, and expertise to make a positive impact on the world. The company’s 2009 report won best corporate responsibility report of the year,WEB,www.corporateregister.com/crra/help/CRRA11PressRelease.pdf, Corporate Register News Release: “CR Reporting Awards Global Winners and Reporting Trends report released.” March 24, 2011, July 7, 2011, and claims HP decreased its total energy use by 9 percent when compared with 2008. HP recovered a total of 118,000 tonnes of electronic products and supplies for recycling in 2009, including 61 million print cartridges.WEB, Changing the Equation: The Impact of HP Global Citizenship in 2009 - And Beyond,www8.hp.com/us/en/pdf/fy09_brochure_tcm_245_1368285.pdf, October 7, 2020, {{Better source needed|date=July 2021}}In an April 2010 San Francisco Chronicle article, HP was one of 12 companies commended for “designing products to be safe from the start, following the principles of green chemistry”. The commendations came from Environment California, an environmental advocacy group, who praised select companies in California and the Bay Area for their conservational efforts.Ross, Andrew S. (April 16, 2010). “State firms praised for purging toxic chemicals”. San Francisco Chronicle.In May 2010, HP was named one of the World’s Most Ethical Companies by Ethisphere Institute. It was one of 100 companies to earn the distinction of top winner and was the only computer hardware vendor to be recognized.WEB,ethisphere.com/wme2010/, 2010 World’s Most Ethical Companies, Ethisphere Institute, March 3, 2010,ethisphere.com/wme2010/," title="web.archive.org/web/20100419015512ethisphere.com/wme2010/,">web.archive.org/web/20100419015512ethisphere.com/wme2010/, April 19, 2010, HP was listed in Greenpeace’s Guide to Greener Electronics that ranks electronics manufacturers according to their policies on sustainability, energy and climate, and green products. In November 2011, HP secured first place (out of 15) in this ranking with a score of 5.9. It scored the most points on the new Sustainable Operations criteria, having the best program for measuring and reducing emissions of greenhouse gases from its suppliers and scoring maximum points for its thorough paper procurement policy.WEB,www.greenpeace.org/international/en/campaigns/climate-change/cool-it/Guide-to-Greener-Electronics/, Guide to Greener Electronics, Greenpeace International, November 12, 2011, In the November 2012 report, HP was ranked second with a score of 5.7.WEB, Guide to Greener Electronics,www.greenpeace.org/international/en/campaigns/toxics/electronics/how-the-companies-line-up/, dead,p3-raw.greenpeace.org/international/en/campaigns/detox/electronics/Guide-to-Greener-Electronics/," title="web.archive.org/web/20191102215714p3-raw.greenpeace.org/international/en/campaigns/detox/electronics/Guide-to-Greener-Electronics/,">web.archive.org/web/20191102215714p3-raw.greenpeace.org/international/en/campaigns/detox/electronics/Guide-to-Greener-Electronics/, November 2, 2019, Greenpeace International, HP earned recognition of its work in data privacy and security.NEWS, Tsukayama, Hayley,www.washingtonpost.com/blogs/post-tech/post/qanda-with-hps-scott-taylor-setting-an-industry-privacy-framework/2011/03/14/AB33nrX_blog.html, “Q&A with HP’s Scott Taylor: Setting an industry privacy framework.” Hayley Tsukayama. March 15, 2011, The Washington Post, March 15, 2011, July 7, 2011, In 2010 the company ranked No. 4 in the Ponemon Institute’s annual study of the most trusted companies for privacy.PRESS RELEASE,www.ponemon.org/news-updates/news-press-releases/news/ponemon-survey-names-twenty-most-trusted-companies-for-privacy.html, Ponemon Survey Names Twenty Most Trusted Companies for Privacy, Ponemon Institute, Traverse City, MI, February 26, 2010, February 11, 2021, Since 2006, HP has worked directly with the U.S. Congress, the Federal Trade Commission (FTC), and the Department of Commerce to establish a new strategy for federal legislation.WEB,www.safeinternet.org/events/ftc-second-roundtable-consumer-privacy, FTC Second Roundtable Consumer Privacy. January 28, 2010, SafeInternet.org, July 7, 2011,www.safeinternet.org/events/ftc-second-roundtable-consumer-privacy," title="web.archive.org/web/20110602115725www.safeinternet.org/events/ftc-second-roundtable-consumer-privacy,">web.archive.org/web/20110602115725www.safeinternet.org/events/ftc-second-roundtable-consumer-privacy, June 2, 2011, dead, HP played a key role in work toward the December 2010 FTC report “Protecting Consumer Privacy in an Era of Rapid Change”.WEB, U.S. Federal Trade Commission Staff Report:“Protecting Consumer Privacy in an Era of Rapid change.” Dec. 2010.,www.ftc.gov/os/2010/12/101201privacyreport.pdf, dead,www.ftc.gov/os/2010/12/101201privacyreport.pdf," title="web.archive.org/web/20101203023937www.ftc.gov/os/2010/12/101201privacyreport.pdf,">web.archive.org/web/20101203023937www.ftc.gov/os/2010/12/101201privacyreport.pdf, December 3, 2010, July 7, 2011, After winning nine straight annual “Most Respected Company in China” awards from the Economic Observer and Peking University, HP China added the “10 Year Contribution” award to its list of accolades.WEB, Chan, Zoe,hken.ibtimes.com/articles/137375/20110423/award-ceremony-most-respected-companies-shenzhen.htm, 2011 Most Respected Companies in China, International Business Times, April 23, 2011, July 7, 2011,hken.ibtimes.com/articles/137375/20110423/award-ceremony-most-respected-companies-shenzhen.htm," title="web.archive.org/web/20110427084940hken.ibtimes.com/articles/137375/20110423/award-ceremony-most-respected-companies-shenzhen.htm,">web.archive.org/web/20110427084940hken.ibtimes.com/articles/137375/20110423/award-ceremony-most-respected-companies-shenzhen.htm, April 27, 2011, dead, In its 2012 rankings of consumer electronics companies on progress relating to conflict minerals, the Enough Project rated HP second out of 24 companies.WEB, Lezhnev, Sasha, Hellmuth, Alex, Taking Conflict Out of Consumer Gadgets: Company Rankings on Conflict Minerals 2012,www.enoughproject.org/files/CorporateRankings2012.pdf, Enough Project, August 2012, August 17, 2012,Brand
File:Ralf Schumacher Indianapolis 2003.jpg|thumb|A Hewlett-Packard sponsored Williams FW25Williams FW25According to a 2009 BusinessWeek study, HP was the world’s 11th most valuable brand.WEB,www.businessweek.com/interactive_reports/best_global_brands_2009.html, 100 Best Global Brands, Bloomberg BusinessWeek, September 16, 2011,www.businessweek.com/interactive_reports/best_global_brands_2009.html," title="web.archive.org/web/20120625182647www.businessweek.com/interactive_reports/best_global_brands_2009.html,">web.archive.org/web/20120625182647www.businessweek.com/interactive_reports/best_global_brands_2009.html, June 25, 2012, HP had many sponsorships, such as (Mission: SPACE) in Epcot at the Walt Disney World Resort.WEB, Drawing in the audience,www.hp.com/hpinfo/abouthp/sponsorships/ent.html, dead,www.hp.com/hpinfo/abouthp/sponsorships/ent.html," title="archive.today/20080110041939www.hp.com/hpinfo/abouthp/sponsorships/ent.html,">archive.today/20080110041939www.hp.com/hpinfo/abouthp/sponsorships/ent.html, January 10, 2008, April 23, 2011, Hewlett-Packard, From 1995 to 1999, and again from 2013, HP had been the shirt sponsor of Premier League club Tottenham Hotspur F.C.WEB, 2013-07-08, HP To Serve As Tottenham Hotspur’s Shirt Sponsor For ‘13-14 Season,www.sportsbusinessjournal.com/Daily/Closing-Bell/2013/07/08/Spurs.aspx, 2023-10-06, www.sportsbusinessjournal.com, en, From 1997 to 1999 they sponsored Australian Football League club North Melbourne Football Club.{{Citation needed|date=April 2011}}They also sponsored the Jordan Grand Prix from 1999 to 2001, Stewart Grand Prix in 1999, Jaguar Racing from 2000 to 2002, BMW Williams Formula 1 team until 2005 (a sponsorship formerly held by Compaq), and since 2010 sponsored Renault F1.WEB, Hewlett Packard sponsors Renault,www.gpupdate.net/en/f1-news/229699/hewlett-packard-sponsors-renault/, dead,www.gpupdate.net/en/f1-news/229699/hewlett-packard-sponsors-renault/," title="web.archive.org/web/20150130224542www.gpupdate.net/en/f1-news/229699/hewlett-packard-sponsors-renault/,">web.archive.org/web/20150130224542www.gpupdate.net/en/f1-news/229699/hewlett-packard-sponsors-renault/, January 30, 2015, March 11, 2010, May 4, 2017, GPUpdate.net, en-GB, HP also had the naming rights arrangement for the HP Pavilion at San Jose, whose naming rights were acquired by SAP AG and consequently renamed SAP Center at San Jose.NEWS, Donato-Weinstein, Nathan, Confirmed: Goodbye, HP Pavilion. Hello, SAP Center,www.bizjournals.com/sanjose/news/2013/06/05/confirmed-sap-center-new-name-for-hp.html, Silicon Valley Business Journal, June 5, 2013, June 5, 2013, HP also maintained a number of corporate sponsorships in the business sector, including sponsorships of trade organisations including Fespa (print trade exhibitions), and O’Reilly Media’s Velocity (web development) conference.File:HP Pavilion (angle).jpg|thumb|right|The company sponsored the HP Pavilion at San Jose (now SAP Center at San Jose), home to the NHL’s San Jose SharksSan Jose SharksAfter the acquisition of Compaq in 2002, HP maintained the Compaq Presario brand on low-end home desktops and laptops, the HP Compaq brand on business desktops and laptops, and the HP ProLiant brand on Intel-architecture servers. The HP Pavilion brand was used on home entertainment laptops and all home desktops.WEB,www.hp.com/, HP United States – Computers, Laptops, Servers, Printers & more, Hewlett-Packard, July 7, 2011, Tandem’s “NonStop” servers were rebranded as “HP Integrity NonStop”.WEB,welcome.hp.com/country/us/en/prodserv/servers.html, HP Servers, Hewlett-Packard, July 7, 2011,welcome.hp.com/country/us/en/prodserv/servers.html," title="web.archive.org/web/20110208110417welcome.hp.com/country/us/en/prodserv/servers.html,">web.archive.org/web/20110208110417welcome.hp.com/country/us/en/prodserv/servers.html, February 8, 2011,Controversies
{{About|the company that existed from 1939 to 2015|information about controversies concerning the successor company|HP Inc.#Controversies}}Restatement
In March 2003, HP restated its first-quarter cash flow from operations, reducing it by 18 percent because of an accounting error. The actual cash flow from operations was $647 million, and not $791 million as reported; HP shifted $144 million to net cash used in investing activities.NEWS,www.nytimes.com/2003/03/13/business/company-news-hewlett-packard-restates-cash-flow-but-not-earnings.html, Hewlett-Packard Restates Cash Flow But Not Earnings, The New York Times, March 13, 2003,Spying scandal
On September 5, 2006, Shawn Cabalfin and David O’Neil of Newsweek wrote 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 to identify the source of an information leak.NEWS, David Kaplan, Suspicions and Spies in Silicon Valley, Newsweek Business,www.newsweek.com/id/45548/, dead, September 17, 2006, July 22, 2013,www.thedailybeast.com/newsweek/2006/09/17/suspicions-and-spies-in-silicon-valley.html," title="archive.today/20120911000709www.thedailybeast.com/newsweek/2006/09/17/suspicions-and-spies-in-silicon-valley.html,">archive.today/20120911000709www.thedailybeast.com/newsweek/2006/09/17/suspicions-and-spies-in-silicon-valley.html, September 11, 2012, In turn, those security experts recruited private investigators who used pretexting,WEB, Krazit, Tom,www.zdnet.com/news/faq-the-hp-pretexting-scandal/149452, FAQ: The HP ‘pretexting’ scandal, ZDNet, September 6, 2006, which involved investigators impersonating HP board members and nine journalists (including reporters for CNET, The New York Times and The Wall Street Journal) in order to obtain their phone records. The information leaked related to HP’s long-term strategy and was published as part of a CNET articleWEB, Kawamoto, Dawn,news.cnet.com/HP+outlines+long-term+strategy/2100-1014_3-6029519.html, HP outlines long-term strategy |CNET News.com, CNET, April 11, 2006, July 7, 2011,www.cnet.com/news/hp-outlines-long-term-strategy/," title="web.archive.org/web/20160506221318www.cnet.com/news/hp-outlines-long-term-strategy/,">web.archive.org/web/20160506221318www.cnet.com/news/hp-outlines-long-term-strategy/, May 6, 2016, in January 2006. Most HP employees accused of criminal acts have since been acquitted.WEB, Katz, Leslie,news.cnet.com/Calif.-court-drops-charges-against-Dunn/2100-1014_3-6167187.html, Calif. court drops charges against Dunn, CNET, March 31, 2007, July 7, 2011,Hardware
In November 2007, HP released a BIOS update covering a wide range of laptops with the intent to speed up the computer fan and have it run constantly while the computer was on or offWEB, HP Limited Warranty Service Enhancement – HP Customer Care (United States – English),h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01087277#c01087277_bios, dead,h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01087277," title="web.archive.org/web/20100901182417h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01087277,">web.archive.org/web/20100901182417h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01087277, September 1, 2010, May 9, 2010, H10025.www1.hp.com, to prevent the overheating of defective Nvidia graphics processing units (GPUs) that had been shipped to many of the original equipment manufacturers, including HP, Dell, and Apple.WEB, Demerjian, Charlie, All Nvidia G84 and G86s are bad,www.theinquirer.net/inquirer/news/1028703/nvidia-g84-g86-bad, unfit,www.theinquirer.net/inquirer/news/1028703/all-nvidia-g84-g86s-bad," title="archive.today/20130222084304www.theinquirer.net/inquirer/news/1028703/all-nvidia-g84-g86s-bad,">archive.today/20130222084304www.theinquirer.net/inquirer/news/1028703/all-nvidia-g84-g86s-bad, February 22, 2013, July 9, 2008, May 9, 2010, The Inquirer, The defect concerned the new packaging material used by Nvidia from 2007 onwards in joining the graphics chip onto the motherboard, which did not perform well under thermal cycling and was prone to develop stress cracks – effectively severing the connection between the GPU and the motherboard that led to a blank screen.WEB, NVIDIA 2009 Business Update,www.nvidia.com/object/io_1215037160521.html, dead,www.nvidia.com/object/io_1215037160521.html," title="archive.today/20120908005018www.nvidia.com/object/io_1215037160521.html,">archive.today/20120908005018www.nvidia.com/object/io_1215037160521.html, September 8, 2012, December 28, 2012, NVIDIA, In July 2008, HP issued an extension to the initial one-year warranty to replace the motherboards of selected models.WEB, HP Limited Warranty Service Enhancement (Product Numbers Included) – HP Customer Care (United States – English),h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01300427, dead,h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01300427," title="web.archive.org/web/20100810115759h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01300427,">web.archive.org/web/20100810115759h10025.www1.hp.com/ewfrf/wc/document?lc=en&dlc=en&cc=us&docname=c01300427, August 10, 2010, May 9, 2010, H10025.www1.hp.com, However this option was not extended to all models with the defective Nvidia chipsets, despite research showing that these computers were also affected by the fault.WEB,www.nvidiadefect.com/, Nvidia Defect, December 28, 2012, The replacement of the motherboard was a temporary fix, since the fault was inherent in all units of the affected models from the point of manufacture, including the replacement motherboards offered by HP as a free “repair”.WEB, What to Do If You Are Offered a Repair,www.nvidiadefect.com/what-you-should-do-if-you-are-offered-a-repair-t346.html, Nvidia Defect Forum, December 28, 2012,www.nvidiadefect.com/what-you-should-do-if-you-are-offered-a-repair-t346.html," title="web.archive.org/web/20130510060142www.nvidiadefect.com/what-you-should-do-if-you-are-offered-a-repair-t346.html,">web.archive.org/web/20130510060142www.nvidiadefect.com/what-you-should-do-if-you-are-offered-a-repair-t346.html, May 10, 2013, dead, WEB, Crothers, Brooke, HP: Nvidia graphics defect an issue since November 2007,news.cnet.com/8301-13924_3-10000910-64.html, dead,news.cnet.com/8301-13924_3-10000910-64.html," title="archive.today/20130119102723news.cnet.com/8301-13924_3-10000910-64.html,">archive.today/20130119102723news.cnet.com/8301-13924_3-10000910-64.html, January 19, 2013, July 28, 2008, December 28, 2012, CNET, Since then, several websites have been documenting the issue.WEB,www.nvidiasettlement.com/index.html, October 10, 2010, Nvidia Settlement, January 2, 2012,www.nvidiasettlement.com/index.html," title="archive.today/20101001080640www.nvidiasettlement.com/index.html,">archive.today/20101001080640www.nvidiasettlement.com/index.html, October 1, 2010, dead, There have been several small-claims lawsuits filed in several states, as well as suits filed in other countries. HP also faced a class-action lawsuit in 2009 over its i7 processor computers: the complainants stated that their systems consistently locked up within 30 minutes of powering on. Even after being replaced with newer i7 systems, the lockups continued.WEB,dockets.justia.com/docket/california/candce/5:2009cv05341/221456/, Justia docket information Kent v. Hewlett-Packard Company, Justia, October 28, 2010,Lawsuit against Oracle
HP filed a lawsuit in California Superior Court in Santa Clara, claiming that Oracle had breached an agreement to support the Itanium microprocessor used in HP’s high-end enterprise servers.WEB, Jack, Clark, ZDNet,www.zdnet.com/article/hp-unleashes-lawyers-on-oracle-over-itanium-support/, HP unleashes lawyers on Oracle over Itanium support, June 16, 2011, October 7, 2020, On June 15, 2011, HP sent a “formal legal demand” letter to Oracle in an attempt to force them to reverse its decision to discontinue software development on Intel Itanium microprocessorsNEWS, Poornima, Gupta, Dan, Levine, Reuters,www.reuters.com/article/us-hp-oracle-lawsuit/hps-latest-lawsuit-heightens-rivalry-with-oracle-idUSTRE75E6VI20110615, HP’s latest lawsuit heightens rivalry with Oracle, June 15, 2011, October 7, 2020, and build its own servers.WEB, Bort, Julie, Hewlett Packard Enterprise just won $3 billion in a lawsuit against Oracle,www.businessinsider.com/hpe-wins-3-billion-from-oracle-2016-6, June 30, 2016, August 13, 2016, Business Insider, HP won the lawsuit in 2012, which required Oracle to continue producing software compatible with the Itanium processor.NEWS, Gallagher, Sean, HP wins judgment in Itanium suit against Oracle,arstechnica.com/information-technology/2012/08/hp-wins-judgement-in-itanium-suit-against-oracle/, July 1, 2016, Ars Technica, August 1, 2012, HP was awarded $3 billion in damages against Oracle on June 30, 2016,NEWS, Bright, Peter, HP awarded $3B in damages from Oracle over Itanium database cancelation,arstechnica.com/information-technology/2016/06/hp-awarded-3b-in-damages-from-oracle-over-itanium-database-cancellation/, July 1, 2016, Ars Technica, June 30, 2016, arguing that Oracle canceling support damaged HP’s Itanium server brand. Oracle said it would appeal both the decision and damages.HP wage and hour lawsuit
Several class action firms filed a class action lawsuit on January 12, 2012, against HP Inc. and Hewlett Packard Enterprise (“HP“), entitled “Jeffrey Wall, etc. v. HP, Inc.” (formerly known as Hewlett-Packard Company, et al.), Case No. 30-2012-00537897, pending in the Superior Court of California, County of Orange. According to the lawsuit, HP allegedly failed to pay commission payments and incentive compensation that its California sales employees were owed within the timeframes proscribed by California law (Labor Code §§ 201, 202 and 204).WEB,www.fdazar.com/practice-areas/class-action/hp-wage-and-hour/, HP Wage and Hour Class Action, November 13, 2021, November 13, 2021, fdazar.com, In 2017, FDAzar obtained a settlement of $25 million for class participants and changed the way HP pays incentive compensation and commission payments.WEB,s3.amazonaws.com/fcmd/documents/documents/000/004/969/original/Hewlett-Packard_-_Wall_LAWPR.pdf?1547741467, HP Cos. To Settle Lawsuit Over Sales Commissions, November 13, 2021, November 13, 2021,Takeover of Autonomy
{{see also|Autonomy Corporation#Hewlett-Packard}}In November 2012, HP recorded a write-down of around $8.8 billion related to its acquisition a year earlier of the UK-based Autonomy Corporation PLC. HP accused Autonomy of deliberately inflating the value of the company prior to its takeover, which the former management team of Autonomy denied.At that time, HP had fired its previous CEO for expenses irregularities a year before, and appointed Apotheker as CEO and president. HP was seen as problematic by the market, with margins falling and having failed to redirect and establish itself in major new markets such as cloud and mobile services.As part of Apotheker’s strategy, Autonomy was acquired by HP in October 2011. HP paid {{US$|long=no|10.3 billion}} for 87.3% of the shares, valuing Autonomy at around {{US$|long=no|11.7 billion}} ({{£|7.4 billion}}) overall, a premium of around 79% over market price. The deal was widely criticized as “absurdly high”, a “botched strategy shift” and a “chaotic” attempt to rapidly reposition HP and enhance earnings, and had been objected to even by HP’s own CFO.{{rp|3–6}} Within a year, Apotheker was fired, major culture clashes became apparent, and HP wrote off $8.8 billion of Autonomy’s value.HP claimed that this resulted from “accounting improprieties, misrepresentations and disclosure failures” by the previous management, who in turn accused HP of a “textbook example of defensive stalling“{{rp|6}} to conceal evidence of its own prior knowledge, gross mismanagement, and undermining of the company, noting public awareness since 2009 of its financial reporting issues{{rp|3}} and that even HP’s CFO disagreed with the price paid.{{rp|3–6}} External observers generally stated that only a small part of the write-off appears to be due to accounting mis-statements, and that HP had previously overpaid for businesses.The mysterious case of Hewlett-Packard’s Autonomy deal, Marketwatch, August 19, 2014The Serious Fraud Office (SFO) and the SEC joined the FBI in investigating the potential anomalies. HP incurred damage with its stock falling to its lowest in decades.NEWS, James Rogers, November 24, 2012, HP’s Autonomy Hassles, Tech, TheStreet,www.thestreet.com/story/11774534/1/hps-autonomy-hassles-tech-weekly-recap.html, January 22, 2013, NEWS, November 21, 2012, Autonomy misled HP about finances, Hewlett-Packard says, BBC News,www.bbc.co.uk/news/business-20412186, January 22, 2013, NEWS, Jeremy C. Owens, November 23, 2012, Investors go Black Friday shopping too, sending HP and other struggling tech stocks higher, San Jose Mercury News,www.mercurynews.com/60-second-business-break/ci_22054748/biz-break-investors-go-black-friday-shopping-too, January 22, 2013, Three lawsuits were brought by shareholders against HP for the fall in value of HP shares. In August 2014, a United States district court judge threw out a proposed settlement, which Autonomy’s previous management had argued would be collusive and intended to divert scrutiny of HP’s own responsibility and knowledge. It essentially engaged the plaintiff’s attorneys from the existing cases and redirected them against the previous Autonomy vendors and management for a fee of up to {{US$|long=no|48 million}}, with plaintiffs agreeing to end any claims against HP’s management and similarly redirect those claims against the previous Autonomy vendors and management.NEWS, August 25, 2014, U.S. judge casts doubt on HP-shareholder settlement in Autonomy lawsuit, Reuters,www.reuters.com/article/hp-autonomy/u-s-judge-casts-doubt-on-hp-shareholder-settlement-in-autonomy-lawsuit-idUSL1N0QV15P20140825, October 7, 2020, WEB, August 25, 2014, US Judge Rejects Settlement Deal Reached In HP’s Derivative Lawsuits,www.rttnews.com/2374756/us-judge-rejects-settlement-deal-reached-in-hp-s-derivative-lawsuits.aspx?type=bn, October 7, 2014, RTTNews, In January 2015 the SFO closed its investigation as the likelihood of a successful prosecution was low.NEWS,www.bbc.co.uk/news/business-30883288, Autonomy HP sale investigation by Serious Fraud Office closes, BBC News, January 19, 2015, The dispute continued in the US, and is being investigated by the UK and Ireland Financial Reporting Council. On June 9, 2015, HP agreed to pay {{US$|long=no|100 million}} to investors who bought HP shares between August 19, 2011 and November 20, 2012, to settle the lawsuits over the Autonomy purchase.NEWS, June 9, 2015, Hewlett-Packard to Pay {{US$, no, 100 Million, to Settle Suit Over Autonomy Purchase |work=The New York Times |url=https://www.nytimes.com/2015/06/10/business/dealbook/hewlett-packard-to-pay-100-million-to-settle-suit-over-autonomy-purchase.html |access-date=June 9, 2015}}Another term of the shareholder settlement was to sue Autonomy management, which occurred in London in 2019. HP “failed to produce a smoking gun for the fraud it alleges”,WEB, Browning, Jonathan,www.bloomberg.com/news/articles/2020-03-05/hp-s-long-legal-war-over-a-10-billion-takeover-heads-to-a-close, A Long Legal War Over a $10 Billion Takeover Heads to a Close, Bloomberg, March 4, 2020, April 15, 2020, and its accountants admitted that they “never formally prepared anything to attribute the irregularities to the amount of the fraud”.Israeli settlements
On October 25, 2012, Richard Falk, the United Nations Human Rights Council’s Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967, called to boycott HP and other businesses that profit from Israeli settlements on occupied Palestinian lands until they brought their operations in line with international human rights and humanitarian law.PRESS RELEASE, UN Expert Calls for Boycott of International Businesses Profiting from Israeli Settlements in Occupied Palestinian Territories, in Third Committee,www.un.org/press/en/2012/gashc4048.doc.htm, United Nations, October 16, 2015, NEWS, UN independent expert calls for boycott of businesses profiting from Israeli settlements,www.un.org/apps/news/story.asp?NewsID=43376#.ViADjSt_dnk, United Nations, October 25, 2012, In 2014, the Presbyterian Church (USA) voted to move forward with divestment from HP to pressure Israel in regards to their policies toward Palestinians.NEWS, Goodstein, Laurie, June 20, 2014, Presbyterian Church votes to divest in protest of Israeli policies, The New York Times,www.nytimes.com/2014/06/21/us/presbyterians-debating-israeli-occupation-vote-to-divest-holdings.html?hp&_r=0, In 2015, the Human Rights Commission of Portland, Oregon, requested to place Caterpillar, G4S, HP, and Motorola Solutions on the city’s “Do Not Buy” list.NEWS, City of Portland Human Rights Commission Endorses Occupation-Free Portland’s Proposed Statement to the Socially Responsive Investments Committee,www.portlandoregon.gov/oehr/article/550944, Portland, Oregon, City of Portland Website, October 29, 2015,Bribery
On April 9, 2014, an administrative proceeding before the SEC was settled by HP consenting to an order acknowledging that HP had violated the Foreign Corrupt Practices Act (FCPA) when HP subsidiaries in Russia, Poland, and Mexico made improper payments to government officials to obtain or retain lucrative public contracts.WEB, Bort, Julie,www.businessinsider.com/hp-pays-108m-to-settle-bribery-cases-2014-4, HP Pays $108M To Settle Bribery Cases, April 9, 2014, Business Insider, The SEC’s order found that HP’s subsidiary in Russia paid more than {{US$|long=no|2 million}} through agents and various shell companies to a Russian government official to retain a multimillion-dollar contract with the federal prosecutor’s office; in Poland, HP’s subsidiary provided gifts and cash bribes worth more than {{US$|long=no|600000}} to a Polish government official to obtain contracts with the national police agency; and to win a software sale to Mexico’s state-owned petroleum company, HP’s subsidiary in Mexico paid more than {{US$|long=no|1 million}} in inflated commissions to a consultant with close ties to company officials, one of whom was funneled money. HP agreed to pay {{US$|long=no|108 million}} to settle the SEC charges and a parallel criminal case.WEB,www.sec.gov/News/PressRelease/Detail/PressRelease/1370541453075, SEC Charges Hewlett-Packard With FCPA Violations, sec.gov, WEB,www.foxbusiness.com/industries/2014/04/09/h-p-in-108m-settlement-with-doj-over-foreign-practices/, H-P Pays $108M to DOJ, SEC Over Anti-Bribery Allegations, Jennifer Booton, Fox Business, April 9, 2014, April 9, 2014,www.foxbusiness.com/industries/2014/04/09/h-p-in-108m-settlement-with-doj-over-foreign-practices/," title="web.archive.org/web/20140411002238www.foxbusiness.com/industries/2014/04/09/h-p-in-108m-settlement-with-doj-over-foreign-practices/,">web.archive.org/web/20140411002238www.foxbusiness.com/industries/2014/04/09/h-p-in-108m-settlement-with-doj-over-foreign-practices/, April 11, 2014, dead,See also
- ArcSight
- Fortify
- HP calculators
- HP Linux Imaging and Printing
- HP Software & Solutions
- List of acquisitions by Hewlett-Packard
- List of computer system manufacturers
- List of Hewlett-Packard products
- TippingPoint{{Clear}}
References
{{reflist}}External links
{{Commons category|Hewlett-Packard}}- {{Official websitewww.hp.com/|name=Hewlett-Packard}}
- The Museum of HP Calculators
- HP History Links
- protect724.hp.com/welcome" title="web.archive.org/web/20140604073729protect724.hp.com/welcome">Protect 724 Community
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