Moving from oscillators, the first of which they sold to Disney for the movie Fantasia, the Stanford graduates built one of the world's largest electronics companies.
What Happened on August 18th
august 18, 1947 Hewlett-Packard Is Incorporated
Hewlett-Packard Co. is incorporated, nine years after William Hewlett and David Packard sold their first oscillators from a garage in Palo Alto, where they had set up shop with $538 in capital. They determined the order of their names in the company by a coin toss.