Success – Hewlett-Packard (HP), Incorporated
- Current Company Value: Around $30.50 Billion
Hewlett-Packard, otherwise known as HP, has been in business for over 80 years. They first opened their doors in 1939 and have been running ever since. It was founded by two Stanford University graduates, Bill Hewlett and David Packard. The two were electrical engineers who essentially put HP on the map in the world of early computing. HP was a small company until they won their first big contract to work on the Walt Disney production, Fantasia. This film is still considered a classic to this very day. Eventually, they became one of the world leaders in personal computers, printers, and much more.
HP did merge with Compaq in 2002 and eventually purchased Electronic Data System and 3Com. The company also later bought Palm, Inc. the inventor of the Palm Pilot technology. They even won a bidding war with Dell for the purchase of 3PAR. In 2015, they eventually decided to split the company, which resulted in HP Inc. forming a spin-off corporation. The company retained the HP PC and Printer business. DXC Technology came out of this along with Micro Focus, which has only led to HP Inc. Their hardware and software businesses are thriving more than ever and it is clear HP is one of the most successful Silicon Valley corporations in history!