Moreover, the company is still thriving - with Lenovo leading global PC shipments in 2024, totalling 61.8 million units, and ...

Forbes contributors publish independent expert analyses and insights. I write about new technologies and usage models transforming business. This article is more than 8 years old. I often hear about ...

IBM's plan to sell its PC business to Lenovo Group has cleared a potential regulatory hurdle. The Federal Trade Commission won't raise objections to IBM's plan to sell its business to Lenovo in a ...

Lenovo Group Limited, the leading Personal Computer brand in China and across Asia, and IBM today announced a definitive agreement under which Lenovo will acquire IBM’s Personal Computing Division to ...

Lenovo and IBM on Thursday said they finally came to a deal under which Lenovo will acquire part of IBM's server business for about $2.3 billion in cash and Lenovo shares. The headlines, and much of ...

Chinese technology company Lenovo and the U.S-based IBM are extending their business relationship: Lenovo, which acquired IBM's ThinkPad line of PCs in 2005, has agreed to buy IBM's low-end server ...

Earlier this year, I expressed misgivings about the sale of IBM’s PC division to China-based Lenovo Group. While I thought IBM was smart for unloading its unprofitable PC group , I also thought ...

Lenovo announced that it has plans to acquire IBM's X86 business for $2.3 billion. Both companies are hoping for the same success that resulted from IBM's 2005 sale of its PC business to Lenovo.

IBM Corp. will soon put itself closer to its stated earnings goal, say goodbye to the lower end of its computer business and move some employees off its payroll. The deal partner, Lenovo Group, has ...

Lenovo has agreed to acquire IBM's x86 server business for about $2.3 billion. The computer maker will take control of IBM's System X business, BladeCenter and Flex System blade servers and switches, ...

Lenovo is paying $2.1 billion for IBM's x86 server business. Here are the winners and the losers. The winners: Lenovo and IBM This deal, where Lenovo will pay IBM $2.1 billion for the x86 portion of ...