On its face, the merger creates the third-largest PC business in the world, with approximately $12 billion in 2003 revenue and an 8 percent market share. The risk for Lenovo is that it might not add ...
IBM Corp., the company that popularized the personal computer, said Tuesday it will sell its PC business to Lenovo Group of Beijing for $1.75 billion. The deal marks the exit of an industry pioneer ...
IBM selling its PC business to a Chinese company? That’s the word on the street, according to Huggybear and other sartorially-challenged – but more reliable – sources. It seems hard to believe – as ...
Bob Moffat, IBM's general manager, Personal and Printing Systems Group, said IBM will "stay focused on its strategy" in the face of a brutal market for PCs. IBM's Personal and Printing Systems Group ...
For most people, the IBM name is a fragment of the past, something that only comes up in old '80s sci-fi movies or in documentaries of ancient tech. The company's still up and running, and it does ...
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