IBM&#39;s PC deal seen as strategic withdrawal
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IBM&#39;s decision this past week to sell a majority stake in its personal computer business to Lenovo Group, a vendor based in China, for $1.75 billion in cash, stock, and debt assumption, is
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A report in The New York Times that IBM is poised to sell off its PC unit has provoked mixed reactions and tentative interpretations from analysts who follow the historic company.
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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
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IBM is in talks to sell its personal computer manufacturing business which, if successful, would mark the end of an era in the brief history of the PC, a machine the company helped to invent.
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IBM Corp. is selling its personal computer business to China&#39;s largest PC maker in a $1.25 billion deal that marks the end of an era for the company that made &quot;PC&quot; a household word.
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The acquisition of IBM&#39;s personal computing division by China&#39;s Lenovo Group is seen having little impact on the Indian market in the short- or medium-term, analysts and industry officials said.
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IBM is expected to announce Tuesday after the close of the market an historic pact to sell its $11.5 billion PC business to China PC giant Lenovo, sources said.
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IBM's decision to sell its PC business to China's Lenovo Group Ltd. underscores the challenges manufacturers face in the modern PC business, even for a company synonymous with the product.
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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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The contract is part of the computer giant's bid to wring more consulting dollars out of its printer business.
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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&#39;s (Quote, Chart) decision to sell its personal computing division to China&#39;s leading PC maker Lenovo for $1.75 billion spawned diverse reactions in the industry.
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InfoWorld - IBM sold off a chunk of its stake in Lenovo Group, leading the world&#39;s third-largest PC vendor to temporarily suspend trading of its shares in Hong Kong on Tuesday.
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IBM's decision to sell its PC division to a China-based company prompted a range of reactions today from technology users, from disappointment to a belief that the move reflects the times and the impact of globalization.
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IBM is reportedly in talks to sell its personal computer business. It would mark the end of an era for the company that brought the computer into the mainstream when it began selling its desktop PC to corporations and consumers in 1981.
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DECEMBER 13, 2004  - Now that IBM plans to sell its PC division to Beijing-based Lenovo Group Ltd., the big question is whether the companies can keep users from defecting to other vendors -- which would put IBM&#39;s once standard-setting PCs
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IBM 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.