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The 90s
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| HP Pavilion | ||
HP is one of the few companies in the world to successfully marry the technologies of measurement, computing and communication. The company makes new advances in portable computing, enters the home-computing market and continues to invent new printing and imaging solutions. For most of the decade, HP enjoys growth rates of 20 percent.
Early in the 90s, John Young retires and is replaced by Lew Platt, under whose leadership HP continues to grow. HP becomes recognized as a company whose policies on work-life balance, diversity and community involvement help attract and retain top employees.
At the end of the decade, HP spins off its measurement and components businesses to form a new company, Agilent Technologies. It also brings on board a new CEO, Carleton (Carly) Fiorina, who focuses the company on reinventing itself for growth and leadership in the 21st century.
1990
HP Labs Japan opens in Tokyo.
HP revenue: $13.2 billion. HP employees: 92,000.
1991
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| HP 95LX | ||
HP makes advances in lightweight portable computing with the introduction of the HP 95LX palmtop PC, HP's first palmtop personal computer. Weighing only 11 ounces, the HP 95 LX is roughly the size of a large pocket calculator but possesses as much computing power as a desktop personal computer system. It has a financial calculator, a telephone and address program, Lotus 1-2-3, a simple text editor and an infrared link for transferring data.
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| DeskJet 500C | ||
HP introduces the color DeskJet 500C, which creates a revolution in color printing. Up to this point color printers have been expensive, specialized machines, but the DeskJet gives customers an inexpensive color-printing option. The model is a huge success.
The HP SONOS 1500 echocardiograph system allows doctors to perform quantitative, non-invasive cardiac analysis in real time by processing ultrasound waves.
HP initiates a recycling program for its HP LaserJet print cartridges.
HP revenue: $14.5 billion. HP employees: 89,000.
1992
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| HP Corporate Business Systems | ||
John Young retires; Lew Platt, an engineer and head of the Computer Systems Organization, is elected president and CEO and a member of the board of directors. Platt, an HP employee since 1966, wins kudos inside and outside the company for championing diversity in the workplace, establishing a balance between work and personal life for employees and directing HP to become a leader in community involvement.
HP introduces the HP Corporate Business Systems—nine HP 3000 and HP 9000 computing systems with mainframe performance at up to 90 percent lower cost.
The company introduces a new HP atomic clock, which becomes the world's most precise commercially available timekeeping device.
The introduction by HP of amber and red-orange LEDs expands the range of possible LED applications to cars, traffic control signals, and moving-message panels.
HP develops Design for Environment guidelines with the goal of making products more environmentally sound. The program addresses environmental performance at the design stage of product development. DfE's three priorities are energy efficiency, design for recyclability and materials innovation.
HP is one of the first computer manufacturers to sign partnership agreements with the EPA to introduce PCs that can "power down" when not in use. It earns HP the right to use the Energy Star Label.
HP revenue: $16.4 billion. HP employees: 92,600.
1993
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| HP OmniBook 300 | ||
HP introduces the 3-pound HP OmniBook 300, a "superportable" personal computer with enough battery power to last during a flight across the United States.
The company ships its 10 millionth HP LaserJet printer.
Dave Packard retires as chairman of the board of directors, and Lew Platt is elected chairman.
The HP AcceSS7 network monitoring system allows telecommunications customers to monitor all the elements on SS7 networks from a central location, dramatically increasing their efficiency.
HP revenue: $20 billion. HP employees: 96,000.
1994
HP Labs Israel opens in Haifa.
HP produces the world's brightest LED (light-emitting diode). Combining bright output, reliability and low power consumption, LEDs replace incandescent lamps in many new applications. HP LEDs expand the range of LED applications in cars, traffic-control signals and moving-message panels.
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| HP OfficeJet printer-fax-copier | ||
HP begins collaboration with Intel to develop a common 64-bit microprocessor architecture for the computers of the 21st century. The work draws on years of research at HP Labs to create a replacement for PA-RISC processors. Known as IA-64, the new processor (now called Itanium) debuts in 2001.
HP introduces the HP OfficeJet personal printer-fax-copier, a space-saving product designed specifically for professional home-office users.
The company introduces the HP Color LaserJet printer. With an average cost per page of less than 10 cents, it offers businesses a cost-effective alternative to print shops.
HP's 200LX palmtop PC is introduced. It has a built-in infrared transmitter/receiver, operates on two AA batteries and is capable of reading and writing to flash disk cards.
The company enters the SNA-analysis field to develop systems and products to be used in pharmaceutical research and the healthcare industry.
The first bench-top inductively coupled plasma mass spectrometer (ICP-MS) marks the entry of HP into the inorganics market. The ICP-MS eliminates the reliance on large systems, special laboratories and specialist operators. It brings ICP-MS (for the determination of trace metals) into the routine laboratory environment.
The HP Broadband Series Test System emerges as an industry standard. First to test ATM and broadband ISDN networks - and first to integrate testing of all layers of this complex technology - the system helps the industry prove that these new technologies can form the basis of an information highway for transporting voice, data, image and video over the same network.
Telecommuting policies are formalized, making HP one of the first companies to encourage telecommuting around the world. Employees can work at home or at remote HP offices. The result is rising job satisfaction, reduced commute time, increased flexibility to coordinate personal and work schedules, and lower levels of stress. HP benefits from reduced office-space requirements and improved employee retention.
HP revenue: $25 billion. HP employees: 98,400.
1995
The HP Pavilion PC marks the company's highly successful introduction into the home-computing market.
Dave Packard publishes The HP Way, a book that chronicles the rise of HP and gives insight into the business practices, culture and management style that helped make it a success.
The industry's first low-cost, high-speed small infrared transceiver allows wireless "point and shoot" data exchange in a wide range of portable computing applications such as phones, computers, printers, cash registers, ATMs, digital cameras and more.
HP revenue: $31.5 billion. HP employees: 105,200.
1996
Co-founder Dave Packard dies on March 26.
HP introduces the HP LaserJet5Si printer. The "mopier," short for "multiple-original printing," belongs to a new category of network printer that eliminates the need for photocopying multiple sets of a document. This early all-in-one printer product was developed to eliminate the department copy machine.
Five years after starting its LaserJet cartridge recycling program, HP recycles its 10 millionth LaserJet print cartridge.
HP revenue: $38.4 billion. HP employees: 112,000.
1997
HP becomes one of the 30 stocks that comprise the Dow Jones Industrial Average (DJIA).
HP adds the Heartstream Forerunner to its medical products portfolio with the acquisition of Heartstream, Inc. The book-sized automatic defibrillator allows trained users to respond quickly and effectively to victims of sudden cardiac arrest.
The HP PhotoSmart system, the first PC photography system designed for home users, is introduced. It includes a photo printer, a photo scanner, a digital camera featuring a 4MB removable, reusable compact flash card, photo paper and image-editing software.
HP's recycling program expands to include HP inkjet print cartridges in addition to LaserJet cartridges.
HP opens its first recycling facility in Roseville, California, becoming the only major computer manufacturer to operate its own end-to-end recycling facility.
HP revenue: $43 billion. HP employees: 121,900.
1998
HP introduces its first Jornada PDA (personal digital assistant). The Jornada 820 Palmtop PC runs Windows CE as its operating system.
HP revenue: $47.1 billion. HP employees: 124,600.
1999
HP's board of directors announces its decision to spin off a new company from the existing HP organization. Agilent Technologies consists of HP's former measurement, components, chemical analysis and medical businesses. HP retains its computing, printing and imaging businesses. Agilent has its initial public offering of common stock on November 18, 1999. HP retains 84.1 percent of common stock. It is Silicon Valley's largest-ever IPO.
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| HP "invent" logo | ||
In July, Lew Platt retires, and HP names Carleton (Carly) S. Fiorina as President and CEO.
The first pocket-size Jornada, the 420, is introduced. This is the first Windows CE pocket-size PC with a color screen.
In November, HP begins a new brand campaign based on a single concept: invent. Print and television ads focus on the company's history of invention and innovation. The company also introduces a new logo.
HP recycles its 30 millionth LaserJet print cartridge.
HP revenue: $42 billion. HP employees: 84,400.
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