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The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California. Growing to become an influential high-tech powerhouse at the heart of Silicon Valley, the company was known for its progressive business philosophy, deemed the HP Way. HP developed and provided a wide variety of hardware components, as well as software and related services, to consumers, small and medium-sized businesses (SMBs), and fairly large companies, including customers in government sectors. At its peak in 2011, HP employed 350,000 people around the globe. The company officially split into Hewlett Packard Enterprise and HP Inc. in 2015.