Who Owns Hewlett Packard?
Hewlett Packard (HP) is one of the most iconic names in the technology industry, known for its innovation in computing, printing, and enterprise solutions. But who exactly owns this global technology giant?
A Brief History of Hewlett Packard
Founded in 1939 by Bill Hewlett and Dave Packard, HP started as a small business in a Palo Alto garage. Over the decades, it evolved into a powerhouse in the tech world, pioneering innovations in personal computing, printing, and enterprise solutions. HP has undergone significant transformations, including a historic split in 2015 that resulted in two separate entities: HP Inc. and Hewlett Packard Enterprise.
HP Inc. vs. Hewlett Packard Enterprise
Before delving into ownership, it’s essential to distinguish between HP Inc. and Hewlett Packard Enterprise (HPE).
- HP Inc. focuses on personal computers, printers, and related consumer products.
- Hewlett Packard Enterprise (HPE), on the other hand, targets business and enterprise customers, offering servers, storage, networking, and consulting services.
These two companies share a common heritage but operate independently in distinct markets.
Who Owns HP Inc.?
HP Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol HPQ. As a publicly traded entity, its ownership is distributed among institutional investors, mutual funds, and individual shareholders. The largest shareholders are typically institutional investors such as Vanguard Group, BlackRock, and State Street Corporation, which hold significant stakes in the company due to their massive index and mutual funds.
Who Owns Hewlett Packard Enterprise?
Similarly, Hewlett Packard Enterprise is also a publicly traded company, listed under the ticker symbol HPE. Like HP Inc., HPE’s ownership is spread across a variety of institutional and individual investors. Major shareholders include large investment firms like Vanguard, BlackRock, and other institutional investors that hold shares in HPE as part of their broader investment portfolios.
Key People in Hewlett Packard
While ownership is widely distributed among shareholders, key executives play a critical role in steering the company’s direction. For HP Inc., Enrique Lores serves as the President and CEO, while Antonio Neri leads Hewlett Packard Enterprise as its CEO.
The Future of Hewlett Packard
Both HP Inc. and HPE continue to innovate and adapt to the rapidly changing tech landscape. HP Inc. remains focused on personal computing and printing, with initiatives in 3D printing and immersive computing. HPE is pushing forward in cloud computing, AI, and edge computing, aiming to solidify its position in the enterprise technology space.
In conclusion, Hewlett Packard’s legacy is carried forward by two distinct entities, HP Inc. and Hewlett Packard Enterprise. Both companies are publicly owned, with shares traded on the New York Stock Exchange and held by a mix of institutional and individual investors. Their leadership continues to drive innovation in their respective fields, ensuring that the Hewlett Packard name remains a significant force in the technology industry.
For more details on the ownership structure of other companies, visit Who Owns. For a deeper dive into the latest developments at Hewlett Packard, you can check out more resources on CNBC.
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