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Bill Hewlett and Dave Packard both graduated from Stanford University in 1935 with a degree in electrical engineering (Malone, 2007). In 1939, Packard and Hewlett established Hewlett-Packard (HP) in Packard's one-car garage in Palo Alto with an initial capital investment of US$538 (HP Rebuilding HP's Garage, 2010). Hewlett and Packard tossed a coin to decide whether the company they founded would be called Hewlett-Packard or Packard-Hewlett (HP Interactive Timeline, 2010). Packard won the coin toss but decided to name their electronics manufacturing enterprise the "Hewlett-Packard Company". HP incorporated on August 18, 1947, and went public on November 6, 1957.
Hewlett-Packard Company (HP) is an American multinational information technology corporation headquartered in Palo Alto, California, USA. It is one of the world's largest information technology companies, serving more than one billion customers in over 170 countries on six continents (HP Fast Facts, 2010). HP specialises in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services. Its major product lines include personal computing devices, enterprise servers, related storage devices, a diverse range of printers and other imaging products. HP tends to market its products to households, small to medium-sized businesses and enterprises directly
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