Reference name: HP

HP Hungary

Type:
company
Date of foundation:
1992
Address:
1117 Budapest, Aliz Street 1.
Founders:
  • Compaq Hungary - DEC acquisition after 1998
  • HP Hungary - HP Hungary has been in Hungary since 1992
  • Main goals and areas of activity

    The company's original goal was to manufacture agricultural and industrial electronic products, and later to produce high-quality electronic testing and measuring instruments. Its most important areas are:

    1. computer systems
    2. peripherals
    3. software
    4. professional advice
    5. IT services
    Senior management
    Key figures, key people
    Number of IT employees
    Number of employees: 349,600 in 2011, 302,000 in 2015 In Hungary: 170 employees
    Revenue
    70 billion forints (2004) in Hungary
    IT developments/products/Projects
    1. computers and peripherals
    2. measuring devices
    3. electronic components
    4. medical instruments
    5. computing devices
    6. network hardware
    7. printers
    8. scanners
    9. digital cameras
    10. calculators
    11. PDA-k
    12. servers
    13. desktop and industrial computers

    Development:

    development of data storage

    software design

    Transformations

    Founded in Hungary: 1992. HP's first subsidiary

    In 2002, the soaring HP bought Compaq, which had merged with DEC.

    In 2002: HP = HP + Compaq

    2015. HP had grown to such a large company that the company decided that splitting it into two would bring more financial benefits.

    – PC and printer manufacturing (HP)

    – server networks software development (hpe)

    Interesting facts

    The founders of the global company:

      1. Bill Hewlett (co-founder)
      2. David Packard (co-founder)
      3. Leo Apotheker (President, Managing Director/CEO)
      4. Cathie Lesjak (CFO and Vice President)
      5. Randall D. Mott (Chief Information Officer, Executive Vice President)
      6. Michael Holston (General Counsel, Executive Vice President)
      7. Carly Fiorina (CEO)

    Central address:

    • HP: Palo Alto, California

    Date of foundation:

    • Hewlett-Packard Company: January 1, 1939   

    Created: 2017.06.20. 10:07
    Last modified: 2025.03.20. 17:33
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