Hewlett-Packard Company or HP was an American multinational information technology corporation, which later on became the world’s leading PC manufacturer. The company was founded in a one-car garage in Palo Alto, California, United States by William Redington Hewlett and Dave Packard, 2 students at Stanford University in 1939. The initial capital investment was $538.
The company’s first product, was an audio oscillator – an electronic test instrument used by sound engineers. One of HP’s first customers was Walt Disney Studios, which purchased eight oscillators to develop and test an innovative sound system for the movie Fantasia.
In the 1960s HP was recognized as the symbolic founder of Silicon Valley and developed semiconductor devices primarily for internal use. Instruments and calculators were some of the products using these devices. HP partnered with Sony and the Yokogawa Electric companies in Japan to develop several high-quality products.
HP was identified by “Wired” magazine as the producer of the world’s first marketed, mass-produced personal computer, the Hewlett-Packard 9100A, introduced in 1968. HP called it a desktop calculator, because, as Bill Hewlett said, “If we had called it a computer, it would have been rejected by our customers’ computer gurus because it didn’t look like an IBM. We therefore decided to call it a calculator, and all such nonsense disappeared.”