Commodore computer brand sold
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WASHINGTON - The company that owns the famed Commodore computer brand has been sold to Yeahronimo Media Ventures Inc., a Beverly Hills, California, digital music distributor.
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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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IBM said late Tuesday that it will sell its personal computer division, transferring an iconic brand to a Chinese rival that also will absorb about 2,000 local workers.
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LONDON -- PC World, Britain's largest chain of computer superstores, will say goodbye to floppy disks once the current stash is gone.
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San Francisco, December 4: IBM 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 gradual withdrawal from the business it helped to pioneer in 1981.
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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 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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The decision by high street electrical chain Dixons to no longer sell the machines could soon mean RIP for the VCR. But VHS (video home system) is just
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The potentially faulty machines were sold under the Lexmark, IBM and Dell brands. The company has recalled these products because they could short circuit and potentially give users an electric shock.
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The pioneering computer brand Commodore has a new home as it is bought by a US-based digital music firm.
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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, the pioneer of the personal computer, is selling its PC hardware business to Chinese firm Lenovo.
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The jet-powered car which Top Gear's Richard Hammond crashed at high speed has been put up for sale.
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In unloading its personal computer business for $1.75 billion to a Chinese company, IBM managed to keep the division's most profitable pieces -- services and support. The onus is now on buyer Lenovo Group Ltd. to improve the businesses' notoriously thin profit margins, and the skeptics are many.
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An era will come to an end when IBM sells off its computer manufacturing business, according to The New York Times. A Chinese company seems the likely buyer, and the deal should fetch upward of $2 billion.
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Dutch company has agreed to sell the Commodore name to six month-old digital music software maker.
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This week, IBM said it is selling off most of its PC division to Lenovo, China&#39;s No. 1 PC maker. The news is likely to rattle IBM customers - but it may end up benefiting them long term.