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Founded in 1939 by two electrical engineers - William Redington Hewlett and David Packard - in Packard’s one-car garage in Palo Alto, the American multinational has long usurped its humble Californian origins to become a leading provider of hardware and software services along with a host of IT products. The brand value increased by leaps and bounds with progressive acquisitions of Compaq in 2002, EDS in 2008 as well as 3PAR, 3Com and Palm, Inc. in 2010. No wonder the HP brand is deemed today as one of the world’s most valuable brands.
The historic journey of their personal computers began in 1980 when the company introduced its first PC named HP-85. This was followed with the launch of the first handled computer – the HP 75C – in 1982 and the first touch screen PC in 1983. The successive years witnessed several innovations in the world of ingenious laptop manufacturing – case in point the Omni book 300 with an extended battery life in 1993 or the world’s brightest LED in 1994. The formation of the HP Inc. in 2015 heralded a new beginning as it became evident that the company wanted to provide a strategic focus to its PC and printer offerings by separating them from the erstwhile enterprise products and service business.
Relentlessly uplifting their motto of ‘Keep inventing’ day in and day out, the obsessively ingenious brand is certainly one of current global leaders in the information technology space. With a ranking of #38 in the prestigious Forbes list of ‘The World’s Most Valuable Brands’ and a brand value estimated at $13.8 Billion in 2016, there is surely much more to unveil as we await eagerly for the next new thing from HP that will blow our senses away!