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By the summer of 1993, the IBM PC Co. had divided into multiple business units itself, including Ambra Computer Corporation and the IBM Power Personal Systems Group, the former an attempt to design and market "clone" computers of IBM's own architecture and the latter responsible for IBM's PowerPC-based workstations. [9] [10]
Formerly an IBM brand, Lenovo acquired the ThinkCentre desktop brand following its purchase of IBM's Personal Computing Division (PCD) in 2005. Following its acquisition of IBM's PCD, Lenovo has released M-series desktops in multiple form factors, ranging from traditional tower, small form factor, to ultra small form factor, and all-in-ones (AIOs).
ThinkPad is a line of business-oriented laptop and tablet computers produced since 1992. The early models were designed, developed and marketed by International Business Machines (IBM) until it sold its PC business to Lenovo in 2005; since 2007, all new ThinkPad models have been branded Lenovo instead [5] and the Chinese manufacturer has continued to develop and sell ThinkPads to the present day.
According to a recent quarterly filing with the Securities and Exchange Commission, IBM managed to lose nearly a billion dollars selling personal computers over the last 3 1/2 years.
Lenovo is the same China-based company that bought IBM's personal computer business back in 2004. Going forward, IBM says it expects to post improved second quarter results, helped by the closing ...
Chinese computer firm Lenovo will not buy the troubled server division of International Business Machines Corp. (NYSE: IBM). The unit is considered one of IBM's worst performers. The U.S. firm ...
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