HP timeline — 2000s

The 21st century

	HP's trading symbol on the New York Stock Exchange becomes HPQ on May 6, 2002.

At the beginning of the 21st century, HP focuses on simplifying technology experiences for all of its customers, from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing and IT infrastructure, HP grows to become one of the world's largest IT companies.

On May 3, 2002, HP completes its merger transaction with Compaq Computer Corp.The new HP is a leading global provider of products, technologies, solutions and services to consumers and business. The company's offerings span IT infrastructure, personal computing and access devices, global services, and imaging and printing.

2000

HP moves up the Fortune 500 listing to No. 13.

		Superdome

On June 2, HP completes the divestiture of Agilent Technologies. As a result of the distribution of shares of Agilent Technologies common stock, Agilent Technologies is now a fully independent company.

Carly Fiorina is named chairman of the board of directors on September 22.

HP marks advances in the area of Internet infrastructure, introducing the high-end Superdome server line in September.

HP revenue: $48.8 billion. HP employees: 85,500.

2001

Co-founder Bill Hewlett dies on January 12.

In March, HP creates a new business unit, HP Services, reporting directly to the CEO. The new organization includes IT consulting, outsourcing, support, education and solutions deployment.

	Itanium

In May, HP introduces systems and services based on the new Itanium processor jointly developed by HP and Intel. Developed as an extremely parallel high-performance architecture, Itanium is the platform for next-generation 64-bit computing.

On September 4, HP and Compaq announce a definitive merger agreement to create an $87 billion global technology leader.

HP revenue: 45.2 billion. HP employees: 88,000.

2002

In February, HP Labs opens research facilities in Bangalore, India.

HP completes the acquisition of Indigo, a leading commercial and industrial printing systems company, on March 25. The acquisition extends HP's printing systems portfolio beyond inkjet and LaserJet technology into a third high-speed color print technology - offset-quality digital press solutions and services for short-run, personalized business communications.

	HP Deskjet 5550

On May 3, HP and Compaq officially merge, beginning operations as one unified company. HP now serves more than one billion customers across 162 countries, and is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company’s offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing.

On May 6, HP’s trading symbol on the New York Stock Exchange changes to HPQ to reflect the merger. The new ticker symbol is a combination of HP and Compaq’s previous tickers: HWP and CPQ.

		Compaq Tablet PC

In June, HP announces its largest consumer product rollout to date. By early 2003, HP releases more than 50 new imaging and printing products. Three new color inkjet printers are part of the initial rollout, including the HP Deskjet 5550, which features up to six-ink printing and 4,800-optimized dots-per-inch (dpi) technology.

 
In November, HP introduces its first tablet PC, the Compaq Tablet PC TC1000. Wireless-enabled and highly portable, the tablet PC combines the power of digital ink with a full-function PC.

HP announces breakthroughs in molecular electronics, continuing its groundbreaking efforts in the emerging field of nanotechnology. Its work in this field nets four key patents.

HP revenue: 56.6 billion. HP employees: 141,000.

In March, HP announces a "smart" cooling solution to reduce energy use in data centers.

As HP approaches the one year anniversary of the merger, it secures three major managed services deals in the telecommunications, manufacturing and financial services industries, reflecting its value proposition of high tech, low cost and the best total customer experience.

In May, HP unveils its Adaptive Enterprise strategy to help businesses manage change and get more from their IT investments. The company unveils new services, software, solutions and an enterprise reference architecture designed to help companies measure, architect and manage change by creating a tighter linkage between business and IT.

In August, HP announces a strategy to radically simplify technology to help people "enjoy more" - a move that extends HP's leadership in imaging, printing and home computing into the fast-growing digital photography and entertainment markets. As part of the strategy, HP unveils more than 100 consumer products – its largest consumer product rollout to date.

Included in the rollout is  the world's first eight-ink consumer photo printer, the HP Photosmart 7960.  

In September, HP announces a worldwide initiative for the small and medium-sized business (SMB) market, one of the fastest-growing and most important segments in the global economy. The Smart Office Initiative provides tailored support services, local expertise, and products to help SMBs manage their unique business needs. As part of the launch, HP announces more than 100 different products, solutions and services.

Fortune 500 ranking: 11

		HP 42" Plasma TV PL4245N

In January, HP announces its digital entertainment strategy: an array of products and partnerships aimed at transforming the way people experience music, movies, TV, photographs and digital entertainment content.

Barney Oliver, founding director of HP Labs and pioneering applied scientist, is inducted into the National Inventors Hall of Fame.

In April, HP wins the Corporate Innovation Award from the Institute of Electrical and Electronic Engineers (IEEE) for the development and commercialization of thermal inkjet technology.

In August, new digital entertainment products are rolled out, including plasma and LCD flat-panel televisions, and the HP Digital Entertainment Center, which allows consumers to manage music, movies and photos from a single device in a living room setting. New Vivera inks offer faster prints and improved print quality and are fade-resistant for generations.

In December, HP “wobulation” is honored as one of the top 100 new products by Popular Science magazine. The revolutionary projection technology applies the principles of digital imaging and printing to digital projection and doubles the resolution of digital projection displays without changing the light modulator, increasing pixels or increasing the cost of the projector.

2005

HP Chairman and CEO Carly Fiorina steps down in February, and CFO Bob Wayman is appointed interim CEO. In March, HP names Mark Hurd to serve as CEO and president.

	Snapfish

In April, HP acquires online photo service Snapfish.

HP ships its 10 millionth HP ProLiant server in June. HP shipped its first x86 processor-based ProLiant servers in 1993.

In July, HP announces a breakthrough ink-based printing platform. The inkjet printhead is fabricated as one unit via a photolithographic process, rather than welded together in post-production.

HP also unveils the world's fastest home and office photo printing devices, built on this new technology: the HP Photosmart 8250 Photo Printer and the HP Officejet Pro K550 Color Printer series.  Two new HP Advanced Papers allow instantly dry, water-resistant photos for the home and smear-resistant pages for the office.

		HP Halo Collaboration Studio.

HP acquires Scitex Vision, a market leader in wide and super-wide format printers for signage and industrial applications such as billboards, banners, street advertising and packaging.

In November, HP establishes a research lab in Bejing, China.

In December, HP disrupts the traditional video conferencing market by introducing the HP Halo Collaboration Studio. A precisely designed broadcast studio, Halo enables remote teams to work together in a setting so life-like that participants feel as though they are in the same room.

	The restored HP garage

Also in December, HP completes its restoration of the property where the company was founded - the HP garage. The project  brings the original house, shed and garage at 367 Addison Avenue, Palo Alto, back to conditions much as they were in 1939, when the founders established the now legendary Hewlett-Packard partnership. Completion of the project was celebrated with a ribbon-cutting on December 6.

2006

In September, CEO and President Mark Hurd is named Chairman of the Board.

Also in September, HP ships its 100 millionth LaserJet printer. HP shipped its first LaserJet printer in 1984.

In October, HP acquires VoodooPC, a high-end gaming PC provider.

HP acquires Mercury Interactive Corp. in November, HP’s largest software acquisition to date, to create a new organization for business technology optimization (BTO).

Fortune 500 Ranking: 14

HP revenue: $91.6 billion. HP employees: 156,000.

2007

January: Extending its strategy of establishing research centers in growing economies, HP opens a research lab in St. Petersburg, Russia. HP Labs Russia is the third facility that the company has opened in the past five years. HP Labs China began operations in Beijing in 2005, and HP Labs India opened in Bangalore in 2002. HP Labs also has facilities in Bristol, U.K. (1984), Haifa, Israel (1994) and Tokyo, Japan (1990). Its headquarters site is in Palo Alto.

On April 20, the site of HP’s founding – the famed HP Garage and house – is listed in the National Register of Historic Places.

In July, HP achieves its goal of recycling one billion pounds of electronics. This year marks the 20th anniversary of the inception of HP recycling programs, which now operate in more than 40 countries, regions and territories.

September: HP licenses its technology for a drug delivery skin patch that enables painless, controlled release of drugs. Developed as a way to repurpose its inkjet technology, the technology in the skin patch is similar to that employed in HP’s patented process for its inkjet cartridges.

Throughout 2007, a series of acquisitions expands HP’s influence in the printing, personal computing and software markets. HP acquires:

• Tabblo Inc., to make printing from the web easier and more convenient;
• Logoworks, to provide small businesses with access to professional design solutions at a fraction of market cost;
• SPI Dynamics, Inc., for application security assessment software and services;
• Neoware Inc., a provider of thin client computing and virtualization solutions;
• MacDermid ColorSpan Inc., a manufacturer of wide-format digital inkjet printers;
• Opsware, a market-leading data center automation software company; and
• EYP Mission Critical Facilities Inc., a global consulting company for large-scale data centers.

Revenue: $104.3 billion Employees: 172,000

Actual company and product names mentioned herein are the trademarks of their respective owners.