In February, The Sunday Times interviewed the CEO of Hewlett Packard Enterprises, Antonio Neri . The story highlights that HPE, once a Silicon Valley pioneer, is now a fallen giant, completely eclipsed by the likes of Google, Amazon and Meta.
Hewlett Packard was one of the very first Palo Alto companies. Indeed, the garage in which Bill Hewlett and Dave Packard began working together in the late 1930s is dubbed “ the birthplace of Silicon Valley ”. The two electrical engineering graduates from Stanford University initially produced sound equipment for Walt Disney Studios. The HP garage, famous for being the epicenter of a technology revolution. Fast forward to the end of the 1990s, Hewlett Packard was a global company, known primarily for its personal computers and printers. It employed over 80,000 people, generating $48bn in net revenues, and had a market capitalization in […]
Read the Whole Article From the Source: www.zerohedge.com
