IBM reported to be exiting PC business
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IBM&#39;s possible exit from the personal-computer business would be the latest move in what amounts to a long goodbye from a field it pioneered and revolutionized.
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BEIJING/SAN FRANCISCO  - IBM is selling its  PC-making business to China's largest personal computer  company, Lenovo Group Ltd., for $1.25 billion, marking the U.S.  company's retreat from an industry it helped pioneer in 1981.
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IBM&#39;s personal computer business, which it is selling to Lenovo Group of China, has lost money for the past 3 1/2 years. International Business Machines Corp.
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IBM may need to do some creative deal making in order to sell PC business to China&#39;s Lenovo. By Robert Cyran, Breakingviews. LONDON (Breakingviews) - It&#39;s no surprise IBM is in talks to sell its PC business
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NEW YORK, December 8  - International Business Machines (IBM.NYS) has decided to sell its personal computers business to Chinaâs Lenovo Group for $1.75 billion in a cash and stock deal.
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NEW YORK, New York, United States of America -- International Business Machines (IBM) Corp has put its computer business up for sale, the New York Times said Friday, quoting people close to negotiations.
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NEW YORK -- International Business Machines Corp. has reportedly put its personal computer business up for sale in a deal that could fetch as much as $2 billion and close an era for an industry pioneer which
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IBM IBM.N is looking to sell its personal computer business in a deal that could be worth up to $2 billion, The New York Times reported on Friday, capping a gradual withdrawal from the business it pioneered.
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IBM, the company that helped usher in the age of the personal computer nearly 25 years ago, stunned the tech world with the announcement that it would largely be bowing out of the business.
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IBM is discussing selling its PC business to Lenovo Group Ltd., China's largest maker of personal computers, and at least one other potential buyer, according to The New York Times.
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IBM has reached an agreement in principle to sell its personal computer business to Lenovo, China&#39;s largest PC maker, in a deal valued at between $1 billion and $2 billion, people close to the negotiations said Monday.
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IBM&#39;s expected decision to sell its US$11.5 billion PC business would mark the end of an era and dramatically reshape the systems landscape, posing both opportunities and pitfalls for solution providers.
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IBM, the pioneer of the personal computer, is selling its PC hardware business to Chinese firm Lenovo.
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IBM Corp. has put its PC business up for sale, according to a story published on Friday on the Web site of The New York Times.
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IBM, which revolutionised the global computer industry when it launched its first desktop in 1981, has sold its PC business to a Chinese group in a $1.75bn (Â£900m) deal, it was confirmed today.
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IBM (IBM.N: Quote, Profile, Research) is reportedly in talks to sell its personal computer business in a deal that could be worth up to $2 billion and would cap a
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IBM reportedly is selling its personal computer business for some $2 billion, possibly to China&#39;s Lenovo. Big Blue currently ranks a distant third in PC sales with a 6 percent market share, trailing