Information technology major HP Enterprise Services has expanded its telecom offerings to assist customers in the planning and execution of transformation strategies.

Aimed at strengthening its consulting services and management software businesses, HP has expanded two portfolios that support communications service providers (CSPs).

The new businesses include HP Solutions Consulting Services (HP SCS) and HP Operations Support Systems Transformation solutions for network and service management.

Telecom service providers can gain as these two portfolios offer expertise and tools for business transformation, including strategic and financial advisory, operational analysis, transformation management, and a full portfolio of operations support systems (OSS) software and integration services.

“CSPs can plan and execute transformation strategies with HP Solutions Consulting Services and HP OSS Transformation solutions,” said David Sliter, vice president and general manager, Communications and Media Solutions, HP Enterprise Services.

“To grow, CSPs need to enhance the customer experience, and that means fact-based transformation strategies, tight governance and automated solutions,” Sliter added.

With this, the IT major is adding new prepackaged solutions combining consultancy, software and a full services life cycle to its OSS Transformation portfolio.

The new assurance solutions are designed to improve the customer experience, reduce complexity and cost, and lay the groundwork for business growth. With pretested and prepackaged solutions, service providers can accelerate time-to-value.

The company expanded its HP SCS portfolio to include a benchmarking capability designed to help CSPs compare business and operational performance against peers, competitors and industry practices.

HP SCS Benchmarking is the foundation for the HP SCS Strategic and Financial Advisory, a new set of capabilities that enable telcos to complete business transformation strategies based on quantitative knowledge of current performance and alignment of business improvement initiatives to strategic objectives.

Earlier in March, HP announced that Bulgarian telecommunications provider VIVACOM would deploy HP’s next-generation intelligent network (NGIN), which is expected to help upwards of 600,000 pre-paid and virtual private network users reach optimized and tailored fixed and mobile services experiences.

Shares closed at $138.72 on the New York Stock Exchange, up 88 cents from the previous day’s close.

A spokesman for Armonk-based IBM Corp. confirmed it was the highest that the shares had ever reached.

Such comparisons are adjusted to eliminate the effects of stock splits, in which a company typically splits one share into two.

During the day’s trading, shares rose as high as $138.88. Volume was 6.4 million shares, somewhat higher than average. Meanwhile, the Dow Jones industrial average, of which IBM is a component, dropped 19.07 points to close at 10,948.58.

The closing price gave Big Blue a market capitalization of nearly $175 billion.

The company went public in 1915. It will celebrate its 100th anniversary in 2011.

Chief Executive Officer Samuel Palmisano has shifted IBM’s focus more to services and software, which offer high profit margins. Since he became CEO in 2002, IBM shares have risen from around $104, or a gain of about a third.

The long-awaited recovery is now under way, but it’s a slow, painful slog that’s short on trust and confidence and long on a drumbeat of numbers that mostly shift from dreadful to less depressing. Twenty-seven months after the recession began, unemployment is stuck at 9.7%. Housing starts are dragging near half-century lows. Consumers are finally spending again, but they’re still too fearful about their jobs and homes to crowd malls and auto lots with the buoyant abandon that heralds a full-rigged revival, the kind Americans are used to.

Amazingly, as consumers struggle, U.S. corporations are staging a nearly unprecedented comeback that’s largely escaping notice. The gargantuan, dispiriting job cuts that seem to dominate the news have also been the spur for an epic resurgence in profits. For 2009, the Fortune 500 lifted earnings 335%, to $391 billion, a $301 billion jump that’s the second largest in the list’s 56-year history, approaching the increase in the robust recovery of 2003. For last year the 500 raised their return on sales from less than 1% to 4%. That’s close to the list’s 4.7% historical average.

Hence, the 500′s profits virtually returned to normal after years of extremes — bubbles in 2006 and 2007, collapse in 2008 — despite a feeble overall recovery that’s far from normal. This year’s list — reminder: the Fortune 500 ranks U.S. companies by revenue — is packed with changes that reflect and spotlight the trends reshaping corporate America. The homebuilders that occupied 14 places in 2007 and three last year, including Centex and Pulte, have all disappeared, casualties of shrinking sales. No fewer than nine newcomers from recession-resistant health care joined in 2009, among them drugmakers Genzyme (sales: $4.5 billion) and Allergan ($4.5 billion).

The fall in commodity prices removed half-a-dozen energy production, oil refining, and pipeline companies, and bumped last year’s No. 1, Exxon Mobil ($285 billion), into second place, far behind the new leader, Wal-Mart ($408 billion). The collapse in car sales pushed General Motors ($105 billion) from sixth to 15th place, the first time in the list’s history that GM didn’t make the top 10.

The rebound comes chiefly from three sectors: financial services, consumer cyclicals — items ranging from toys to furniture — and health care. In 2009 banks, securities firms, and insurance companies lowered their combined losses from a staggering $213 billion to just $20 billion. Buoyed by a government bailout, AIG swung from a loss of $99 billion in 2008 — a Fortune 500 record — to a deficit of $11 billion last year. The combined losses at Fannie Mae and Freddie Mac shrank by $15 billion to a still-huge $94 billion, as write-downs continued on subprime mortgages. By contrast, the banks and brokers, including J.P. Morgan, Wells Fargo, and Goldman Sachs, rebounded from losses of $8.7 billion to $38 billion in profits. Write-downs on toxic securities receded, and investment-banking profits jumped, helping offset losses on credit cards and mortgages. J.P. Morgan Chase doubled earnings to $12 billion, thanks chiefly to big gains in fixed-income trading.

In consumer cyclicals, a category that could be labeled “things you’d like to buy but can put off,” companies suffered losses of $42 billion in 2008. Casino operators, electronics retailers, and auto-parts suppliers saw revenues fall faster than they could slash costs. That trend reversed in 2009. Wal-Mart managed to lift revenues, on top of a big increase in 2008, by attracting bargain-hungry customers from competitors with remodeled stores and inexpensive private-label goods, offering everything from frozen pizza to patio furniture in one stop. A single trip also meant less spending on gas. Result: Earnings surged 7.0% to $14.3 billion.

The 500′s most exceptional study in ingenuity may be Mattel, the world’s largest toymaker. In late 2008, Mattel foresaw that sales would plunge in 2009 and introduced a clench-jawed cost-cutting campaign called Global Cost Leadership. Mattel pared its professional workforce by 10%, or 1,000 employees; paid down debt to lower interest costs by $10 million; and reduced overhead by $132 million. Its revenues did drop by $487 million, or 8%. But costs fell much more, by a remarkable $669 million before tax. Mattel booked a net income increase of $149 million, or 39%.

The star of 2009 is undoubtedly health care. The sector’s earnings jumped to an all-time high of $92 billion, placing it second behind tech at $94 billion. Health-care earnings rose by $23 billion, or 33%.

The Fortune 500′s remarkable response is yet another chapter in the saga of a list that’s gone from boom to bust to almost normal, all in the space of three short years. Never has getting to “almost normal” been a bigger achievement.
From:www.fortune.com

Stanford was founded in 1885 by former California governor and senator Leland Stanford and his wife, Jane Lathrop Stanford, as a memorial to their son Leland Stanford Jr., who died of typhoid in Europe a few weeks before his 16th birthday. The Stanfords used their farm lands to establish the university hoping to create a large institution in California.

Stanford enrolls about 6,700 undergraduate and about 8,000 graduate students from the United States and around the world every year. The university is divided into a number of schools such as the Stanford Business School, Stanford Law School, Stanford School of Medicine, Stanford School of Engineering, etc.

The university is in Silicon Valley, and its alumni have founded companies like Nike, Hewlett-Packard, Sun Microsystems, Nvidia, Yahoo!, Cisco Systems, Silicon Graphics and Google.

Stanford University
Motto: Die Luft der Freiheit weht
(German)
Motto in English: The wind of freedom blows
Established: 1885
Type: Private
Endowment: $17.2 billion
President: John L. Hennessy
Provost: John Etchemendy
Faculty: 1,807
Students: 14,945
Undergraduates: 6,759
Postgraduates: 8,186
Location: Stanford, CA, U.S.
Campus: Suburban, 8,180 acres (33.1 km2)[6]
Athletic nickname: Stanford Cardinal
Colors: Cardinal red and white
Mascot: The color Cardinal red (official), Stanford Tree (unofficial)
Athletics: NCAA Division I (FBS) Pac-10
Website: www.stanford.edu

No other company offers as complete a technology product portfolio as HP. HP provide infrastructure and business offerings that span from handheld devices to some of the world’s most powerful supercomputer installations. HP offer consumers a wide range of products and services from digital photography to digital entertainment and from computing to home printing. This comprehensive portfolio helps HP match the right products, services and solutions to our customers’ specific needs.

HP markets its products to households, small to medium size businesses and enterprises both directly, via online distribution, consumer-electronics and office-supply retailers, software partners and major technology vendors.

HP posted US $91.7 billion in annual revenue in 2006 compared to US$91.4 billion for IBM, making it the world’s largest technology vendor in terms of sales. In 2007 the revenue was $104 billion, making HP the first IT company in history to report revenues exceeding $100 billion.

HP is the largest worldwide seller of personal computers, surpassing rival Dell, according to market research firms Gartner and IDC reported in January 2008;the gap between HP and Dell widened substantially at the end of 2007, with HP taking a near 3.9% market share lead. HP is also the 5th largest software company in the world.It is one of the only American PC-focused computer companies publicly traded under the New York Stock Exchange.

Founding
William (Bill) Hewlett and David (Dave) Packard both graduated in electrical engineering from Stanford University in 1935. The company originated in a garage in nearby Palo Alto during a fellowship they had with a past professor, Frederick Terman at Stanford during the Great Depression. Terman was considered a mentor to them in forming Hewlett-Packard.[7]

The partnership was formalized in 1939 with an investment of US$538.[8] Hewlett and Packard tossed a coin to decide whether the company they founded would be called Hewlett-Packard or Packard-Hewlett. Packard won the coin toss but named their electronics manufacturing enterprise the “Hewlett-Packard Company”. HP incorporated on August 18, 1947, and went public on November 6, 1957.

Of the many projects they worked on, their very first financially successful product was a precision audio oscillator, the Model HP200A. Their innovation was the use of a small light bulb as a temperature dependent resistor in a critical portion of the circuit. This allowed them to sell the Model 200A for $54.40 when competitors were selling less stable oscillators for over $200. The Model 200 series of generators continued until at least 1972 as the 200AB, still tube-based but improved in design through the years. At 33 years, it was perhaps the longest-selling basic electronic design of all time.

One of the company’s earliest customers was The Walt Disney Company, which bought eight Model 200B oscillators (at $71.50 each) for use in certifying the Fantasound surround sound systems installed in theaters for the movie Fantasia.

Early years
The company was originally rather unfocused, working on a wide range of electronic products for industry and even agriculture. Eventually they elected to focus on high-quality electronic test and measurement equipment.

From the 1940s until well into the 1990s the company concentrated on making electronic test equipment – signal generators, voltmeters, oscilloscopes, frequency counters, thermometers, time standards, wave analyzers, and many other instruments. A distinguishing feature was pushing the limits of measurement range and accuracy; many HP instruments were more sensitive, accurate, and precise than other comparable equipment.[citation needed]

Following the pattern set by the company’s first product, the 200A, test instruments were labelled with three to five digits followed by the letter “A”. Improved versions went to suffixes “B” through “E”. As the product range grew wider HP started using product designators starting with a letter for accessories, supplies, software, and components.

The 1960s
HP is recognized as the symbolic founder of Silicon Valley, although it did not actively investigate semiconductor devices until a few years after the “Traitorous Eight” had abandoned William Shockley to create Fairchild Semiconductor in 1957. Hewlett-Packard’s HP Associates division, established around 1960, developed semiconductor devices primarily for internal use. Instruments and calculators were some of the products using these devices.

HP partnered in the 1960s with Sony and the Yokogawa Electric companies in Japan to develop several high-quality products. The products were not a huge success, as there were high costs in building HP-looking products in Japan. HP and Yokogawa formed a joint venture (Yokogawa-Hewlett-Packard) in 1963 to market HP products in Japan.[9] HP bought Yokogawa Electric’s share of Hewlett-Packard Japan in 1999.[10]

HP spun off a small company, Dynec, to specialize in digital equipment. The name was picked so that the HP logo “hp” could be turned upside down to be the logo “dy” of the new company. Eventually Dynec changed to Dymec, then was folded back into HP. HP experimented with using Digital Equipment Corporation minicomputers with its instruments. But after deciding that it would be easier to buy another small design team than deal with DEC, HP entered the computer market in 1966 with the HP 2100 / HP 1000 series of minicomputers. These had a simple accumulator-based design, with registers arranged somewhat similarly to the Intel x86 architecture still used today. The series was produced for 20 years, in spite of several attempts to replace it, and was a forerunner of the HP 9800 and HP 250 series of desktop and business computers.

The 1970s
The HP 3000 was an advanced stack-based design for a business computing server, later redesigned with RISC technology, that has only recently been retired from the market. The HP 2640 series of smart and intelligent terminals introduced forms-based interfaces to ASCII terminals, and also introduced screen labeled function keys, now commonly used on gas pumps and bank ATMs. Although scoffed at in the formative days of computing, HP would eventually surpass even IBM as the world’s largest technology vendor in sales.

HP is identified by Wired magazine as the producer of the world’s first marketed, mass-produced personal computer, the Hewlett-Packard 9100A, introduced in 1968.[11] 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.” An engineering triumph at the time, the logic circuit was produced without any integrated circuits; the assembly of the CPU having been entirely executed in discrete components. With CRT display, magnetic-card storage, and printer, the price was around $5000. The machine’s keyboard was a cross between that of a scientific calculator and an adding machine. There was no alphabetical keyboard.

Steve Wozniak, co-founder of Apple, originally designed the Apple I computer while working at HP and offered it to them under their right of first refusal to his work, but they did not take it up as the company wanted to stay in scientific, business, and industrial markets.

The company earned global respect for a variety of products. They introduced the world’s first handheld scientific electronic calculator in 1972 (the HP-35), the first handheld programmable in 1974 (the HP-65), the first alphanumeric, programmable, expandable in 1979 (the HP-41C), and the first symbolic and graphing calculator, the HP-28C. Like their scientific and business calculators, their oscilloscopes, logic analyzers, and other measurement instruments have a reputation for sturdiness and usability (the latter products are now part of spin-off Agilent’s product line). The company’s design philosophy in this period was summarized as “design for the guy at the next bench”.

The 98×5 series of technical desktop computers started in 1975 with the 9815, and the cheaper 80 series, again of technical computers, started in 1979 with the 85[1]. These machines used a version of the BASIC programming language which was available immediately after they were switched on, and used a proprietary magnetic tape for storage. HP computers were similar in capabilities to the much later IBM Personal Computer, although the limitations of available technology forced prices to be high.

The 1980s
In 1984, HP introduced both inkjet and laser printers for the desktop. Along with its scanner product line, these have later been developed into successful multifunction products, the most significant being single-unit printer/scanner/copier/fax machines. The print mechanisms in HP’s tremendously popular LaserJet line of laser printers depend almost entirely on Canon’s components (print engines), which in turn use technology developed by Xerox. HP develops the hardware, firmware, and software that convert data into dots for the mechanism to print.

In 1987, the Palo Alto garage where Hewlett and Packard started their business was designated as a California State historical landmark.

The 1990s
In the 1990s, HP expanded their computer product line, which initially had been targeted at university, research, and business customers, to reach consumers.

HP also grew through acquisitions, buying Apollo Computer in 1989 and Convex Computer in 1995.

Later in the decade HP opened hpshopping.com as an independent subsidiary to sell online, direct to consumers; in 2005 the store was renamed “HP Home & Home Office Store.”

In 1999, all of the businesses not related to computers, storage, and imaging were spun off from HP to form Agilent. Agilent’s spin-off was the largest initial public offering in the history of Silicon Valley. The spin-off created an $8 billion company with about 30,000 employees, manufacturing scientific instruments, semiconductors, optical networking devices, and electronic test equipment for telecom and wireless R&D and production.

In July 1999, HP appointed Carly Fiorina as CEO, the first female CEO of a company in the Dow Jones Industrial Average. Fiorina served as CEO during the tech downtown of the turn of the 2nd millenium. During her tenure, the market halved HP’s value commensurate with other tech companies at the time and the company incurred heavy job losses.[12] The HP Board of Directors asked Fiorina to step down in 2005, and she resigned on February 9, 2005.

2000 and beyond
Compaq merger. HP merged with Compaq in 2002. Compaq itself had bought Tandem Computers in 1997 (which had been started by ex-HP employees), and Digital Equipment Corporation in 1998. Following this strategy HP became a major player in desktops, laptops, and servers for many different markets. After the merger with Compaq, the new ticker symbol became “HPQ”, a combination of the two previous symbols, “HWP” and “CPQ”, to show the significance of the alliance. In 2006 hp outsourced its enterprise support to countries with lower cost workers: the Spanish support (for Spain) moved to Slovakia, the German support moved to Bulgaria, English support moved to Costa Rica, and so on.

EDS purchase. On May 13, 2008, HP and Electronic Data Systems announced [13] that they had signed a definitive agreement under which HP would purchase EDS. On June 30, HP announced [14] that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 had expired. “The transaction still requires EDS stockholder approval and regulatory clearance from the European Commission and other non-U.S. jurisdictions and is subject to the satisfaction or waiver of the other closing conditions specified in the merger agreement.” The agreement was finalized on August 26, 2008 and it was publicly announced that EDS would be re-branded “EDS an HP company.”

HP also expanded its presence in Israel first with the acqusistion in 2002 of Indigo Digital Press and in November 2005 with the acquisition of Scitex Vision from Scitex Corporation Ltd..

In October 2008, Hewlett-Packard (Canada) Co. was named one of “Canada’s Top 100 Employers” by Mediacorp Canada Inc., and was featured in Maclean’s newsmagazine. Later that month, Hewlett-Packard (Canada) Co. was also named one of Greater Toronto’s Top Employers, which was announced by the Toronto Star newspaper.[15]

Technology and products

“The new Hewlett-Packard 9100A personal computer is ready, willing, and able … to relieve you of waiting to get on the big computer.”
A HP Compaq computer and a Hewlett-Packard Deskjet 5740 printer owned by the Houston Independent School District
A modern HP Pavilion Laptop
A modern HP digital camera; the HP Photosmart R817.
A camera that uses the SDIO interfaceHP has successful lines of printers, scanners, digital cameras, calculators, PDAs, servers, workstation computers, and computers for home and small business use computers; many of the computers came from the 2002 merger with Compaq. HP today promotes itself as supplying not just hardware and software, but also a full range of services to design, implement and support IT infrastructure.

The three business segments: Enterprise Storage and Servers (ESS), HP Services (HPS), and HP Software are structured beneath the broader Technology Solutions Group (TSG).

Imaging and Printing Group (IPG)
According to HP’s 2005 U.S. SEC 10-K filing,[16] HP’s Imaging and Printing Group is “the leading 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.” This division is currently headed by Vyomesh Joshi.

Products and technology associated with the Imaging and Printing Group include:

Inkjet and LaserJet printers, consumables and related products
Officejet all-in-one multifunction printer/scanner/faxes
Large Format Printers
Indigo Digital Press
HP Web Jetadmin printer management software
HP Output Management suite of software, including HP Output Server
LightScribe optical recording technology that laser-etches labels on disks
HP Photosmart digital cameras and photo printers
HP SPaM Hosted within IPG, SPaM is an internal consulting group that supports all HP businesses on mission-critical strategic and operation decisions.
On December 23, 2008, HP releases iPrint Photo for iPhone a free downloadable software application that allows to print 4″ x 6″ photos.[17]

Personal Systems Group (PSG)
HP’s Personal Systems Group claims to be “one of the leading vendors of personal computers (“PCs”) in the world based on unit volume shipped and annual revenue.”[16]

Personal Systems Group products/technology include:

Business PCs and accessories
Consumer PCs and accessories including the HP Pavilion, Compaq Presario and VoodooPC series
Workstations for Unix, Windows and Linux systems
Handheld Computing including iPAQ Pocket PC handheld computing devices (from Compaq)
Digital “Connected” Entertainment including HP MediaSmart TVs, HP MediaSmart Servers, HP MediaVaults, and DVD+RW drives. HP resold the Apple iPod until November 2005.[16]
Home Storage Servers

Technology Solutions Group (TSG)
Main article: HP Technology Solutions Group
TSG incorporates Technical services, EDS, HP Software & Solutions, Enterprise Storage and Servers Group (ESS) and ProCurve Networking.

Enterprise Storage and Servers Group (ESS)
“Back end” products including storage and servers:

HP ProLiant: entry line of x86 based servers (from Compaq)
ProLiant BL: x86-based blade servers (from Compaq)
Integrity: server line using the Itanium processor architecture running several operating systems including HP-UX and OpenVMS.
Integrity BL: Itanium-based blade servers
HP Integrity Superdome: line of high-end servers
HP 9000: line of servers and workstations based on PA-RISC processors and running HP-UX
HP 9000 Superdome: line of high-end servers
AlphaServer: product line using the Alpha processor (from DEC) and running either:
Tru64 operating system (from DEC)
OpenVMS operating system (from DEC)
NonStop: high-reliability Itanium-based architecture and operating system (from Tandem Computers)
StorageWorks: product line (from DEC), which includes business class and enterprise class data storage and protection products.[18]
StorageWorks HP XP high-end storage arrays (from Hitachi)
StorageWorks EVA mid-range storage arrays (from Compaq)

HP Software
the OpenView family of management software
With the major acquisitions of Peregrine and Mercury Interactive completed, HP has dropped the names OpenView, Peregrine and Mercury from its portfolio. The Business Technology Optimization (BTO)part of the software organization is now being referred to as HP Software & Solutions. The OpenCall branding still remains.

HP Data Protector software
HP Integrated Archive Platform
HP Database Archiving
HP Email Archiving for Microsoft Exchange
HP Email Archiving for IBM Lotus Domino
HP File Archiving
HP Medical Image Archiving
HP TRIM software (previously TOWER Software)
HP-UX operating system developed since 1983

ProCurve Networking Business Unit
Main article: ProCurve
HPs networking business unit, ProCurve, are responsible for the family of network switches, wireless access points, and routers.[19]. Originally under the control of the Office of Strategy and Technology, since November 1 2008 they are a Business Unit of TSG.

Office of Strategy and Technology
HP’s Office of Strategy and Technology [20], under Executive Vice President Shane Robison:

Steers the company’s $3.6 billion research and development investment — including HP Labs.
Fosters the development of the company’s global technical community.
Leads the company’s strategy and corporate development efforts — including mergers, acquisitions, divestitures, intellectual property licensing, venture capital partnerships, and the ProCurve Networking Business Unit. [21]
Performs worldwide corporate marketing activities — including external and internal communications, brand marketing, customer intelligence, and corporate affairs.

HP Labs
Main article: HP Labs
HP Labs (or HP Laboratories) is the research arm of HP. Founded in 1966, HP Labs’ function is to deliver new technologies and to create business opportunities that go beyond HP’s current strategies. An example of recent HP Lab technology includes the Memory spot chip.

HP IdeaLab
HP IdeaLab www.hp.com/idealab provides a web forum on early-state innovations to encourage open feedback from consumers and the development community. [22]

Environmental record
In 1998, the United States Environmental Protection Agency‎ sought a $2.5 million penalty against Hewlett Packard for violations against the Substance Control Act.[23] The PA EPA alleged that the company had not filed a Pre-Manufacturing Notice (PMN) before it began manufacturing and exporting chemicals. Without filing these PMNs, the EPA cannot conduct risk analysis of new chemicals.

In 2002, Scorecard.org ranked Hewlett Packard facilities in the top 10-20 percentile for total environmental releases and top 30-40 percentile for air releases of recognized developmental toxicants.[24] It also showed that HPs factory in Puerto Rico released 246 lb (112 kg) of air released TRI pollutants, and had a total of 483,136 lb (219,147 kg) of production related wastes.[24]

In July 2007, the company announced that it had met its target, set in 2004, to recycle 1 billion pounds of electronics and toner and ink cartridges.[25] It has set a new goal of recycling a further 2 billion pounds of hardware by the end of 2010. In 2006, the company recovered 187 million pounds of electronics, 73 percent more than its closest competitor.[citation needed]

HP Certified Professionals
Main article: HP Certified Professional
Hewlett-Packard’s Certified Professional (HP-CP) program was developed to confirm the technical skills, sales competencies and knowledge that is required to propose and deploy, service and support technology and solutions sold by HP. HP-CP is intended for customers, resellers, and HP employees.

Sponsorships

Mission: Space SignHP has many sponsorships. One well known sponsorship is of Walt Disney World’s Epcot Park’s Mission: SPACE. Others can be found on Hewlett-Packard’s website [2]. From 1995 to 1999 they were the shirt sponsor of English Premier League club Tottenham Hotspur. They also sponsored the BMW Williams Formula 1 team. Hewlett-Packard also has the naming rights arrangement for the HP Pavilion at San Jose, home of the San Jose Sharks NHL hockey team.

Product legacy
Agilent Technologies, not HP, retains the direct product legacy of the original company founded in 1939. Agilent’s current portfolio of electronic instruments are descended from HP’s very earliest products. HP entered the computer business only after its instrumentation competencies were well-established.

After the acquisition of Compaq in 2002, HP has maintained the “Compaq Presario” brand on low-end home desktops and laptops, the “HP Compaq” brand on business desktops and laptops, and the “HP ProLiant” brand on Intel-architecture servers. (The “HP Pavilion” brand is used on home entertainment laptops and all home desktops.)[26]

HP uses DEC’s “StorageWorks” brand on storage systems; Tandem’s “NonStop” servers are now branded as “HP Integrity NonStop”.[27]

Culture
The founders, known to friends and employees alike as Bill and Dave, developed a unique management style that has come to be known as the HP Way. In Bill’s words, the HP Way is “a core ideology … [which] includes a deep respect for the individual, a dedication to affordable quality and reliability, a commitment to community responsibility, and a view that the company exists to make technical contributions for the advancement and welfare of humanity.”[28]

Controversy

HP pretexting scandal
Main article: 2006 HP spying scandal
On September 5, 2006 Newsweek published a story[29] revealing that the chairwoman of HP, Patricia Dunn, had hired a team of independent electronic-security experts that later spied on HP board members and several journalists, to determine the source of a leak of confidential details regarding HP’s long-term strategy in January, 2006. The independent, third party company used a technique known as pretexting to obtain call records of HP board members and nine journalists, including reporters for CNET, the New York Times and the Wall Street Journal. Dunn has claimed she did not know the methods the investigators used to determine the source of the leak.[30] Board member George Keyworth was ultimately outed as the source.

On September 12, 2006 Keyworth resigned from the board and HP announced that Mark Hurd, the current CEO and president, would replace Dunn as Chairman after the HP board meeting on January 18, 2007.

On September 22, 2006 Hurd announced at a special press briefing that Dunn had resigned effective immediately from both the Chairmanship role and as a director of the Board;

On September 28, 2006, Ann Baskins, HP’s general counsel (head attorney) resigned[31] hours before she was to appear as a witness at which she would later invoke the Fifth Amendment to “not be held to answer for a capital, or otherwise infamous crime.”[32]

Investigation by the government
On October 4, 2006, California Attorney General Bill Lockyer filed criminal charges and arrest warrants against Kevin Hunsaker, Dunn and three outside investigators.[33] On September 11, 2006, the United States House Committee on Energy and Commerce wrote to Patricia Dunn stating that they have been conducting an investigation on Internet-based data brokers who allegedly use “lies, fraud and deception” to acquire personal information, and allow anyone who paid a “modest fee” to acquire “itemized incoming and outgoing call logs”, and when had learned about HP’s use of pretexting through their September 6 SEC filing and through their own inquiry of HP’s Nominating and Governance Committee, stating they are “troubled” by the information, “particularly that it involves HP—one of America’s corporate icons.”

The committee requested, under Rules X and XI of the United States House of Representatives, information from HP by September 18, 2006:

At the September 28, 2006 hearing, Dunn and Hurd[34] both testified extensively about the investigation. Dunn testified that until June or July 2006, she did not realize that “pretexting” could involve identity misrepresentation. Dunn repeatedly insisted that she had believed that personal phone records could be obtained through legal methods.

Other witnesses refused to answer questions due to the ongoing criminal investigations.[32]

Perceived impact on the company’s operations
Despite the intense media coverage, investors continue to show faith in the company. As of October 23, the price of the company’s stock had increased from $36.50 to $39.87 per share.[35]

On October 8, 2006 Reuters ran a story describing pretexting used by Hewlett-Packard and other companies.[36]

On October 12, 2006 hp announced the appointment of Jon Hoak as vice president and chief ethics and compliance officer. Hoak served as senior vice president and general counsel for NCR from 1993 until May 2006.[37]

On December 7, 2006 hp paid $14.5 Million to settle civil charges brought by the California Attorney General.[38]

In December 2006, two members of Congress requested that HP provide more information regarding CEO Mark Hurd’s sale of $1.4 million of stock options on August 25, the same day he was questioned by attorneys investigating the pretexting scandal.[39] Mark Hurd explained that the August trade was part of his normal investment strategy to diversify assets and was made during a regularly scheduled trading window for senior officers and directors.[citation needed] Additionally, Hurd assured the Subcommittee that the August trade had nothing to do with his interview by attorneys investigating the leak investigation and that he had initiated the trade before any such request had been made to him.[citation needed]

Traceable e-mail
Fred Adler of HP revealed before a U.S. Congressional Inquiry that HP used an e-mail tracking service to trace a leak in an e-mail sent to CNET reporter Dawn Kawamoto.[40] The e-mail contained a Web bug. Adler stated that HP considers Web bugs to be a legitimate investigative tool, and has used them a number of times.[41] The California attorney general’s office has said that this practice was not part of the Pretexting charges.[42]

Management
Chairman of the Board, CEO, and President: Mark Hurd (March 29, 2005–current, appointed Chairman September 22, 2006)

History
Co-founder: David Packard (President: 1947; Chairman: 1964–1969; Chairman 1971–1993)
Co-founder: William Hewlett (Vice President: 1947; Executive Vice President: 1957; President: 1964; CEO: 1969; Chairman of the Executive Committee 1978; Vice Chairman 1983–1987)
CEO: John A. Young (1978–October 31, 1992)
CEO: Lewis Platt (November 1, 1992–July 18, 1999; Chairman 1993–July 18, 1999)
Chairman: Richard Hackborn (January, 2000–September 22, 2000; Lead Independent Director September 22, 2006–)
CEO: Carly Fiorina (July 19, 1999–February 9, 2005; Chairwoman September 22, 2000–February 9, 2005)
Interim CEO: Robert Wayman (February 9, 2005–March 28, 2005)
Chairwoman: Patricia C. Dunn (February 9, 2005–September 22, 2006).
CEO: Mark Hurd (CEO: April 1, 2005–; Chairman: September 22, 2006–)