Ingram Micro buys leading Asia-Pacific IT distributor
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In a move the company says significantly strengthens its position in the growing Asia Pacific region, distributor Ingram Micro Inc.
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TROUBLED New Zealand electricity distributor Vector has agreed to buy Australian Gas Light&#39;s 66.05 per cent stake in New Zealand gas pipelines operator NGC Holdings.
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IBM has gained a crucial foothold in China by selling its PC business to Lenovo, the countryâs biggest computer maker, for $1.75 billion (Â£900 million) in cash, shares and debt.
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Advanced Micro Devices Inc. AMD.N,   the world's number two maker of microchips for personal   computers, has sealed a deal to supply China's second-largest   PC maker with chips, scoring its latest victory in a market   share battle with bigger rival Intel INTC.O.
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IBM has reached an agreement in principle to sell its personal computer business to Lenovo Group, China&#39;s largest PC maker, in a deal valued at $1 billion to $2 billion, people close to the negotiations said.
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China&#39;s largest personal computer maker, Lenovo Group Ltd. (0992.HK: Quote, Profile, Research) , said on Wednesday it is buying control of IBM&#39;s PC-making business for $1.25
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IBM yesterday sold its personal computer business to China&#39;s leading manufacturer, Lenovo, in a deal that reflects the profound changes taking place in the economic world order and marks the end of an era for one of America&#39;s most iconic companies.
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Ingram Micro will sell the Google Search Appliance and Google Mini to the education and government sectors, and to SMBs.
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TOKYO - China's Lenovo Group Ltd. signed a definitive agreement on Wednesday to acquire IBM Corp.'s personal computing division. Lenovo will pay US$1.25 billion in cash for the business, which is expected to transform it into the world's number three PC maker, the companies announced.
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Iomega, an American distributor of computer data storage equipment, said Wednesday that it was entering into a complex $310 million deal to acquire ExcelStor, a Chinese contract maker of disk drives.
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A Chinese company has become the third largest PC seller in the world by buying IBM&#39;s personal computer business. Lenovo has bought the business for USD 1.25 billion, of which USD650m is in cash and the rest in Lenovo shares.
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China&#39;s biggest computer maker says it has acquired a majority stake in IBM&#39;s personal computer business. The 1.75- billion-dollar deal is one of the biggest Chinese overseas acquisitions ever.
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BEIJING/SAN FRANCISCO  - China's largest personal  computer maker, Lenovo Group Ltd. 0992.HK, said on Wednesday  it is buying control of IBM's PC-making business for $1.25  billion, capping the U.S. tech giant's gradual withdrawal from  the business it helped pioneer in 1981.
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Hard Times with Ingram Micro Is there no end to this company's ambitions? Google has signed up Ingram Micro, the world's biggest IT wholesaler, to distribute its hardware search appliance box in the US.â¦
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Singaporesâs PSA gained a much-sought foothhold in Hong Kong with an agreement to buy a stake in Asia Container Terminals, a port operator in the worldâs busiest container hub, from Sun Hung Kai Properties.
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Telecoms operator BT Group said it had agreed to buy Californian voice and data network service provider Infonet Services Corp for 965 million dollars (520 million pounds).
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By John Gittelsohn, The Orange County Register, Calif.  Feb. 16--Ingram Micro Inc., the world's largest computer products  distributor, reported record revenue and net income for 2006 on Thursday.