Hewlett-Packard is a multinational IT company, represented in Israel since 1957.

Highlights

• 1994-HP Labs opened its offices at the Technion in Haifa.
• 1998-HP Israel was established as a fully owned subsidiary in Tel-Aviv.
• 2004-HP-Indigo inaugurated its electronic factory in Kiryat-Gat, at a cost of NIS 100 million.
• 2005-HP and Ort opened its Microenterprise Acceleration Program in Kiryat Bialik
• 2007-HP expanded its HP-Mercury R&D center by employing an additional 150 software engineers.
• 2008-HP Israel won a NIS 10 million project to upgrade the computer and database infrastructures at 11 government hospitals.
• 2008-HP Israel announced its plan to invest $4.1 million in a new factory in the Caesarea industrial zone to manufacture wide-format printers, creating 100 new jobs as factory employees.
• HP currently maintains 5 locations in Israel: Raanana, Haifa, Netanya, Nes-Ziona and Kiryat Gat with over 2,000 employees.
• The Israeli HP Software division, located in Yehud, has over 730 employees and is the biggest HP R&D center worldwide.

Investments and Returns

• 2002-HP acquired Compaq Corp and merged it into HP Israel.
• 2002-HP completed the acquisition of Indigo for $629 million, making HP the market leader in the digital printing market.
• Since the acquisition by HP, Indigo's average annual turnover growth rate is higher than 30%.
• Indigo operates as a division of the Imaging and Printing Group, a $25 billion division of HP.
• 2005-HP expanded into super wide format printing with the acquisition of Scitex Vision
• 2006-HP acquired Mercury Interactive Corporation for $4.5 billion, making it HP's largest center outside the U.S.
• 2008-HP acquired Nur Microprinters for $117.5 million.
• HP Israel computer sales rose 16% in 2007, with 770,000 units sold for a total of approximately $850 million.