Lenovo May Be in Acquisition Talks With IBM
93669
China's biggest computer maker said Tuesday it is in acquisition talks with a major international technology company, a disclosure which comes amid reports it might buy IBM Corp.'s personal computer business.
597086
Lenovo Group Ltd. will purchase IBMâs personal computer business for $1.25 billion including $650 million in cash and $600 million in stock plus $500 million of debt assumption.
345735
China&#39;s Lenovo Group is in talks with a major international IT company regarding an acquisition, it said in an announcement to the Hong Kong Stock Exchange on Tuesday.
531481
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.
643038
DECEMBER 07, 2004 (REUTERS) - China&#39;s largest PC maker, Lenovo Group Ltd., could announce as early as today that it is buying control of IBM&#39;s PC-making business for up to $2 billion, a source familiar with the situation said.
217612
Lenovo Group stayed silent Friday about reports it was talking with IBM Corp. about buying the US companyÂ¡Â¯s personal computer business, but an executive hinted that the Chinese
259250
idril writes &quot;According to The New York Times (free registration required), China&#39;s largest PC maker is reportedly in talks to buy IBM&#39;s PC business.
323819
China&#39;s personal computer giant Lenovo Group Limited Wednesday signed an agreement with IBM to take over the latter&#39;s personal computer business for 1.25 billionUS dollars.
372381
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.
388942
Lenovo Computers, Chinaâs largest computer maker, said it is in acquisition talks with a major technology company - at the same time that IBM says it is in talks with a major Chinese player to sell its PC making business.
521817
IBM has sold its computer making business to Lenovo Group, the Chinese technology company, in a $1.75 billion (Â£900 million) deal, signalling an exit from the PC market it helped create in the 1980s.
176914
BEIJING/SAN FRANCISCO  - China's largest personal  computer maker, Lenovo Group Ltd. 0992.HK, said on Wednesday  it is buying control of IBM's PC-making business for $1.25  billion, capping the U.S. tech giant's gradual withdrawal from  the business it helped pioneer in 1981.
628493
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.
301896
Lenovo Group Limited and IBM have announced a definitive agreement under which Lenovo will acquire IBMâs Personal Computing division to form the worldâs third largest PC business, bringing IBMâs leading enterprise-class PC technologies to the
483074
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.
340971
China&#39;s biggest computer maker says it is in acquisition talks with a major information technology company following a newspaper report that it might buy IBM&#39;s personal computer business.
77698
IBM, which pioneered the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry.