Map of L’Isle-de-Noe on UNIVERSITY OF NOTTINGHAM, ENGLAND 378 hegemony Hewlett-Packard IN A GARAGE IN PALO ALTO, California, engineers William Hewlett and David Packard started a company with $538 in 1939. Today, Hewlett-Packard (HP) operates in 120 countries, produces almost 30,000 technology products, and was ranked as the 70th largest company in the world by Fortune magazine. Hewlett and Packard first developed testing devices for clients such as Walt Disney, but HP’s pioneering products include the oscilloscope, handheld scientific calculators, business computers, and LaserJet printers. In 1977, chief executive John Young led Hewlett- Packard into the computer age. Young presided over the introduction of HP’s early desktop mainframe computers, LaserJets, and personal computers. Despite a 60 percent share of the laser-printer market, dominance in the ink-jet printer market, a $13-billion valuation, and a great reputation for reliability, HP’s revenues dropped in the 1980s, as did those of competitor IBM. Adaptation to the global economy was needed. Map of L’Isle-de-Noe 2016.
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