Stanford University classmates Bill Hewlett and Dave Packard founded HP in 1939. The companys first product, built in a Palo Alto garage, was an audio oscillator. Walt Disney Studios purchased eight oscillators to develop and test an innovative sound system for the movie Fantasia. HP’s first customers were Walt Disney, which purchased eight of the oscillators for the film Fantasia, which was developed by HP in the 1930s. HP was founded by Hewlett in 1939 and Packard in the 1950s.”]