Good place to start you career but do not stay there too much time.
Pros
You can participate in big projects, working for big companies like HP. Actually it's both positive and negative point. You can learn how such companies are organised internally, know a lot about their processes and might be the most valuable thing is to develop your soft skills. If you manage to survive and succeed working on a multi national big project in HP where teams work from different countries and time zones, you will definitely be able to work and succeed in other companies. Might be it's a very good place to start you career as a manager. Your diplomatic, negotiating skills will be much stronger after several releases.
Cons
The processes and tools might be a bit outdated :). Also you can *enjoy* tight deadlines, working in your spare time and under pressure of several levels of managers. You will learn a lot about risk management when a component you're working on depends on a stuff that should be created by guys from another continent :)
