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Hewlett-Packard is a multinational IT company represented in Israel since 1957. HP has approximately 324,600 employees worldwide, with over 5,700 based in Israel. Israel is one of the few countries where HP has a massive presence, including the following entities: HP Israel; The Indigo Division – Digital Printing Solutions; HP Industrial Printing (formerly Scitex Vision); HP Software (formerly Mercury) and HP Labs. HP is the second largest investor in Israeli IT.
Highlights
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1957 – HP began as a department in Motorola in Israel.
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1994-HP Labs opened its offices at the Technion in Haifa. The lab fosters interactions with HP's large R&D community in Israel, as well as the research institutions and high-tech companies in the region.
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1996 – Compaq opened in Israel.
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1998 - HP Israel established as a fully owned subsidiary in Tel-Aviv.
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2002 – HP acquired Compaq, merged activities in Israel.
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2004-HP inaugurated its electronic factory in Kiryat-Gat, at a cost of NIS 100 million.
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2005-HP and Ort opened its Micro-enterprise Acceleration Program in Kiryat Bialik.
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2007-HP expanded its HP-Mercury R&D center by employing an additional 150 software engineers.
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2008-HP Israel won a NIS 10 million project to upgrade the computer and database infrastructures at 11 government hospitals.
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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.
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2012 -HP currently maintains five 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
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2002-HP acquired Compaq Corp and merged it into HP Israel. 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.
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2005-HP expanded into super wide format printing with the acquisition of Scitex Vision.
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2006-HP acquired Mercury Interactive Corporation for $4.5 billion, making it HP's largest center outside the U.S.
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2008-HP acquired Nur Microprinters for $117.5 million.
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HP Israel computer sales rose 16% in 2007, with 770,000 units sold for a total of approximately $850 million.
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From 2001-2011, HP invested over $6 billion in the acquisition of Israeli companies, including the establishment of production plants.
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In 2011, HP Israel Ltd. won Israel's largest ever servers tender, worth an estimated NIS 500 million. Under the Ministry of Defense tender, the company will manage the ministry and IDF's server farms for five years. HP Israel will replace IBM Israel Ltd., which has maintained the defense establishment's server farms for the past several years.
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