Wednesday, December 8, 2004

Method to Palmisano's madness. On the surface, IBM's sale to Lenovo looks like a humiliating retreat, but there's a careful logic behind this radical refashioning. [CNET News.com] comment []8:38:16 AM

Chinese firm buys IBM PC business. IBM, the pioneer of the personal computer, is selling its PC hardware business to Chinese firm Lenovo. [BBC News | News Front Page | UK Edition] comment []8:31:23 AM

China's Lenovo to buy IBM's PC business. TOKYO - China's Lenovo Group Ltd. signed a definitive agreement on Wednesday to acquire IBM Corp.'s personal computing division. Lenovo will pay US$1.25 billion in cash for the business, which is expected to transform it into the world's number three PC maker, the companies announced. [InfoWorld: Top News] comment []8:22:35 AM

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