Hewlett-Packard, commonly known as HP, is an American multinational information technology company founded in 1939 by Bill Hewlett and Dave Packard. The company is well-known for producing a wide range of hardware and software products, including personal computers, printers, and enterprise solutions. HP has a significant presence in both consumer and business markets. In 2015, HP split into two separate entities: HP Inc., which focuses on personal computers and printers, and Hewlett Packard Enterprise, which specializes in servers, storage, and networking solutions. This separation allowed each company to concentrate on its core business areas and better serve its customers.