Sale of I.B.M. PC Unit Is a Bridge Between Companies and Cultures
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I.B.M. announced the sale of its personal computer business to Lenovo, a deal that reflects the ambitions of not only the two companies but also their two nations.
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The immediate future of the computer industry -- and its biggest players -- took center stage Tuesday after IBM announced it is selling its PC business to a Chinese technology giant.
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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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Company is considering a gradual exit from processor sales.
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China's largest maker of PCs is one of the potential buyers, newspaper says.
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Sanmina-SCI sells business to Foxconn and Lenovo Sanmina-SCI, the US electronics contract manufacturing company, has sold its PC business to Foxconn, a major Taiwanese competitor, for between $80m-$90m. It is also selling its Mexican PC plant to Lenovo, for an undisclosed sum.â¦
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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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Computer manufacturer sells new line through major retail centers in bid to return to profitability. SAN FRANCISCO  - PC manufacturer Gateway Inc.
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IBM, the company that transformed personal computers from a hobby to an industry with the introduction of its PC line in 1981, will bow out of the increasingly low-margin market through a partnership
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I.B.M. plans to announce that it will share the designs and technology for a fast-growing line of computers known as blade servers.
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Beleagured company hopes to add a little game power to its PC lineup with its purchase of high-end computer maker.
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The company is putting together the pieces acquired from ATI Technologies to tackle an important product category.
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I.B.M. is in discussions to sell its PC business to Lenovo, the largest maker of PC's in China - a burgeoning market that Hewlett-Packard and Dell covet.
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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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Ken Andre, CIO at packaging company Greif Inc. and an IBM customer, says he&#39;s not worried about IBM&#39;s sale of its PC business to China&#39;s Lenovo Group Ltd.
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Company will make components as well as devices in 2005.
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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.