Hewlett-Packard Company
3000 Hanover Street Palo Alto, CA 94304
Phone: (650) 857-1501
Web Site: www.hp.com
Industry: Computer Hardware Sector: Technology
Employees: 156,000
Stock Symbol: HPQ

Business Summary: Hewlett Packard Company was incorporated in 1947 under the laws of the State of California as the successor to a partnership founded in 1939 by William R. Hewlett and David Packard. The Company is a global technology company and generates net revenue and earns its profits from the sale of products, technologies, solutions and services to consumers, businesses and governments. The Company's portfolio includes personal computers, handheld computing devices, home and business imaging and printing devices, publishing systems, storage and servers, a wide array of information technology services and software solutions. It has seven business segments: Enterprise Storage and Servers, HP Services Software, the Personal Systems Group, the Imaging and Printing Group, HP Financial Services, and Corporate Investments. ESS, HPS and Software are structured beneath a broader Technology Solutions Group. TSG's mission is to coordinate its Enterprise offerings across organizations to create solutions that allow customers to manage and transform its business and information technology environments. HPS provides a portfolio of multi-vendor IT services, including technology services, consulting and integration and managed services. Software provides management software solutions, including support, that allow enterprise customers to manage its IT infrastructure, operations, applications, IT services and business processes under the HP OpenView brand. PSG is one of the vendors of personal computers in the world based on unit volume shipped and annual revenue. PSG provides commercial PCs, consumer PCs, workstations, handheld computing devices, digital entertainment systems, calculators and other related accessories, software and services for the commercial and consumer markets. IPG is the 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. IPG's offerings include inkjet printers, LaserJet printers, digital photography and entertainment, graphics and imaging and printer supplies. HPFS supports and enhances HP's global product and service solutions, providing a range of value-added financial life cycle management services. Corporate Investments is managed by the Office of Strategy and Technology and includes Hewlett-Packard Laboratories, also known as HP Labs, and certain business incubation projects. The Company utilizes a number of contract manufacturers and original design manufacturers around the world to manufacture HP-designed products. It employs BTO capabilities to maximize manufacturing efficiencies by producing high volumes of basic product configurations. CTO permits configuration of units to the particular hardware and software customization requirements of certain customers. The Company had approximately 150,000 employees worldwide as of October 31, 2005. Officers: Mark V. Hurd , CEO