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Hp and Compaq Case

In: Business and Management

Submitted By avtho
Words 1700
Pages 7
On November 6, 2001 Carly Fiorina HP CEO announces merger with Compaq. This is the one of the most notable days in HP history and as well as PC industry. It was called Largest merger in the PC industry and dumbest deal of the decade. When analyzing this merger after 13 year picture is changed. HP share price has raised more than 150% after merger. Carly Fiorina is not CEO and HP is still one of the most profitable companies in the world.
HP is one of the famous companies found in Pao Alto in the garage. It was founded in 1938 in the year when PC industry wasn’t existing, when Steve jobs and Bill Gates weren’t even born. It is the company from which PC industry giants like Apple and Microsoft inherited corporate culture.
Bill and Dave were graduates of the electrical engineering program of Stanford University. They decided to start business on drawing on Bill’s study of negative feedback. So there first product became the resistance capacitance audio oscillator, used to test sound equipment. First client was Walt Disney which used HP product in his animated movie Fantasy.
From the day of founding HP was distinguished from other tech companies by it’s corporate culture. They called it HP way.
Even Steve Wozniak founder of Apple praises HP corporate culture and says that the Apple seed was planted in Hewlett-Packard cubicle. It was philosophy which emphasized integrity, respect for individuals, teamwork, innovation and contribution to customers. HP grow from garage to world's one of the most valuable company. Most of the large companies have problems, which they haven’t had when they were small.
In 1972 HP introduced first scientific calculator, in 1980 it introduces first PC and in1985 Laser Jet Printer. These are the years of HP innovations. From 1983 Printer and it’s accessories has become HP main sales driver. These are the years on which HP was holding…...

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