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Hewlett-Packard

Founded in 1939. Hewlett-Packard now operates in more than 170 countries providing printing and computing products, as well as IT services and software.
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Written by ZDNet Staff on

Hewlett-Packard has come a long way.

In August, the IT giant completed its acquisition of computer services company EDS. The US$13.9 billion deal, which was first announced in May, is said to be HP's second largest buyout after the acquisition of Compaq in 2002.

The Palo Alto, Calif.-based company, which ranks No. 14 on the 2008 Fortune 500 list, was founded in 1939. Its businesses include printing and personal computing products, as well as IT services and software.

HP operates in more than 170 countries and employs some 320,000 staff globally.

In November, HP announced preliminary fourth-quarter results. The company reported US$33.6 billion in revenue, an increase of 19 percent from the same period a year ago.

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