Word: hewlett
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Stanford University, near Palo Alto, was the source of much of the valley's spirit and success. Two Stanford graduates, William Hewlett and David Packard, opened a small company not far from the campus in 1939. Hewlett-Packard is now the area's largest electronics employer and a leader in computer-based technologies. Moreover, many of its employees have left the company to start a host of new businesses. Among the most successful: Apple Co-Founder Stephen Wozniak and Tandem Computers' James Treybig...
...months of this year. It has laid off 2,800 employees, or 3% of its work force. The price of its stock has plunged 50%, from $150 to $75. TI's once dominant share of the calculator market is being squeezed on the high-priced end by Hewlett-Packard, while the Japanese have cornered sales of economy models. Its attempt to break into the home-computer business has been disastrous. As for digital watches, TI was unable to match the Japanese marketing blitz and abandoned the field altogether...
Although small, start-up companies now dominate personal computer software, hardware companies like IBM and Hewlett-Packard are moving into the field. IBM has already announced it will sell programs to match its new personal computer. Even IBM, though, commissioned several of the new personal software companies to adapt their product to its machines...
...wealthy family firm nor a subsidiary of a major corporation. The company is rather using the gilded reputation of past successes to raise large new pools of money for fresh investments. Started in 1972 by Eugene Kleiner, one of the founders of Fairchild Semiconductor, and Tom Perkins, a former Hewlett-Packard executive, the company has seen its initial investment fund grow from $8 million in 1972 to almost $300 million today...
...California's booming Silicon Valley, the center of the computer and genetic-engineering industries, companies actively raid each other's employment rolls. Says Art Young, corporate benefits manager of Hewlett Packard, the electronics firm: "Everyone's concerned about losing people." Hewlett Packard's answer is a program that puts 10% or so of its pretax profits into a long-term profit-sharing plan that pays out fully to workers only after they are on the job for 13 years...