Sale of IBM unit doesn&#39;t mean ThinkPads will cease to exist
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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.
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Ziff Davis - IBM's decision to sell its PC business to Chinese computer maker Lenovo Group Ltd. is offering lessons both in how to expand into emerging markets and how federal regulators will view such deals.
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This looks like the *real* beginning of the end for Itanium. The workstation market is two-fold. There are those that use workstations for computing tasks (scientific, visualization, whatever) and those that
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IBM transformed the world when it launched the personal computer back in 1981. Its decision last week to sell its PC business to Chinese IT supplier Lenovo shows how profound the changes it brought about really are.
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NEW DELHI: IBMâs PC business sale could rock the Indian PC market. Virtually missing from the consumer PC market till now, IBM India is already drawing up a blueprint to sell PCs to households.
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Is IBM ready to cash out its chips in Lenovo, the world's third-biggest personal-computer maker?  That's a question many Lenovo investors must now be asking themselves following the news that Big Blue is dumping a sizable chunk of its Lenovo equity stake.
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(InfoWorld) - Just two weeks after expanding its relationship with Best Buy, Lenovo GroupÂ said Wednesday it will try to win even more U.S. small business customers by selling its notebook PCs at Circuit City's retail shops. In both deals, customers will be able to buy Lenovo's ThinkPad T60 widescreen and Lenovo N100 notebook PCs. Circuit City will also sell extra variations of those models in its stores, and the C200 notebook over its Web site and the phone. The move makes Lenovo notebooks available to shoppers at Circuit City's 700 U.S. stores and Best Buy's 300 "Best Buy for Business" stores. The deal could reach even more consumers in 2008, when Best Buy plans to build 95 new stores in the U.S. Lenovo made the move because it sees a trend of more small business users purchasing their PCs at retail outlets instead of channels or online, according to a statement from Steve Mungall, Lenovo's vice president for worldwide and Americas channels. If it succeeds, the plan could help Lenovo return to profit after several weak quarters. The company relies strongly on revenue from China and Europe, while sales in the Americas have declined with a slump in enterprise demand. The company was also shaken earlier this month byÂ the sale of 300 million Lenovo shares by IBM, its second-biggest shareholder and the original owner of Lenovo's ThinkPad PC line. However, while Lenovo is making a wise move in using retail stores to reach small business buyers, it will face new challenges, one analyst said. Because retail stores attract a full spectrum of buyers, Lenovo must improve its marketing and product features to succeed. "Retail is a blunt sword to capture those customers as opposed to the sharp edge they are normally used to. Being in stores like Best Buy, Circuit City, and Office Depot means they need to be priced competitively against the more consumer-focused offerings on the shelf," said Stephen Baker, vice president of industry analysis for the NPD Group. To succeed with this strategy, Lenovo will have to sell PCs designed for both consumers and small businesses instead of the business-focused notebooks they have now. "Bottom line is they are entering a very tough segment with products that are trying to focus narrowly in a wide atmosphere. I suspect that they will be severely challenged to profitably expand their business to the customers they are interested in with this channel strategy," Baker said. In the meantime, Lenovo is sticking with its business focus. The company advertises the T60, with a weight of 5.1 pounds (2.3 kilograms),Â as the lightest 15.4-inch widescreen notebook available from the top five vendors. And Lenovo pitches the N100 to small business customers who want improved Wi-Fi for greater range and faster speeds in wireless connectivity. For Circuit City sales, both models come preloaded with Microsoft's Windows Vista Home Basic or Premium OS, while the online version of the T60 uses Vista Business. Â
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Chinese PC maker unveils a line of consumer-focused notebooks, but this might not be the best time for it to be making such a market leap.Lenovo's IdeaPad notebooks
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SAN FRANCISCO--A deal that would let China&#39;s Lenovo acquire IBM&#39;s PC unit would work about as well as other mergers in the industry, said Michael Dell--that is, not well.
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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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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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Speculation surrounding the sale of part of the IT company IBM today intensified as the Lenovo Group, China&#39;s leading PC brand, said negotiations with another manufacturer were at an &quot;advanced stage&quot;.
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IBM&#39;s business workhorse notebook gets a fingerprint reader and an upgraded suite of security tools. We take a first look. IBM&#39;s &#39;thin-and-light&#39; ThinkPad T42 already offers one of the most complete security solutions available on a notebook.
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IBM Corp., the world&#39;s largest computer maker, said it is selling versions of its top supercomputer that may be scaled down for businesses and less-intensive scientific use.
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By Frank Norton, The News & Observer, Raleigh, N.C.  Feb. 22--Lenovo is hardly a household name in this country.
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Mary Ma, Lenovo Group Ltd. Chief Financial Officer, said she doesn&#39;t think employees will be fired when the company completes its $1.25 billion purchase of International Business Machines Corp.
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Word that IBM is mulling a move to sell its desktop and notebook PC business to China-based Lenovo Group had executives at most of Big Blue&#39;s vendor competitors scurrying to stay out of the limelight until more details of the deal--and final word on