HP headquarters in Palo Alto, California
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Public | |
Traded as | |
Industry | Information technology |
Predecessor | Hewlett-Packard |
Founded | November 1, 2015 |
Headquarters | Palo Alto, California, United States |
Area served
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Worldwide |
Key people
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Revenue | US$57.3 billion |
Number of employees
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50,000 (2014) |
Website | www |
HP Inc. (also known simply as HP and stylized as hp) is an American technology company, created on November 1, 2015 as one of two successors of Hewlett-Packard, the other being Hewlett Packard Enterprise. HP develops and provides hardware, such as personal computers (PCs) and printers. It is the legal successor of the old Hewlett-Packard. The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company. HP Inc. retains Hewlett-Packard's stock price history, as well as its NYSE ticker symbol of HPQ (whereas Hewlett Packard Enterprise uses a new ticker, HPE). HP is now focusing on consumers who improve their computers frequently and spend more money on games. They released the gamer-centric Omen line of laptops and desktops targeted at mid-range consumers with an Omen X line to debut later in 2016.
HP Inc. is the larger successor of Hewlett-Packard in terms of revenue. It recorded US$57.3 billion in revenue in 2014, compared with Hewlett Packard Enterprise's US$53 billion. 50,000 employees will work at HP Inc., and Dion Weisler has been announced as CEO of the new company created as a result of the Hewlett-Packard Co. separation.