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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.
The interesting part about Lenovo buying IBM's PC business that hasn't gotten much attention is that Lenovo, which is based in China, is turning over much of the management of the company to a ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
IBM: United States PC Convertible, PCradio, PS/2 Model CL57 SX, PS/2 Model L40 SX, PS/note, PS/2 Note, PS/55 Note, Palm Top PC 110, WorkPad Z50: IBM sold its personal computer and Intel-based server businesses to Lenovo in 2005. NEC: Japan LaVie, MultiSpeed, ProSpeed, UltraLite, Versa: Olivetti: Italy Echos, M10, Philos, Olibook, Quaderno ...
Cancan Chu/Getty Images By Paul Carsten and Soham Chatterjee BEIJING -- Chinese PC maker Lenovo Group Ltd agreed to buy IBM's low-end server business for $2.3 billion in what is set to be China's ...
It has taken a long time, but Lenovo and IBM may be about to finally strike a bargain for IBM's x86 server business. Lenovo has openly acknowledged its interest in this business, but the companies ...
Lenovo Group Limited, trading as Lenovo (/ l ə ˈ n oʊ v oʊ / lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng), is a Chinese [9] multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, converged and hyperconverged infrastructure solutions, and related services. [5]
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 ...