BEIJING -- Chinese computer maker Lenovo has completed its $1.75 billion purchase of IBM's personal computer division, creating the world's third-largest PC maker, the company said Sunday. The deal -- one of the biggest foreign acquisitions ever by a Chinese company -- is expected to quadruple sales of Lenovo Group Ltd., already Asia's biggest computer maker, the company said earlier.
NEW YORK - When the Chinese company Lenovo Ltd. acquired IBM's fabled personal-computer unit earlier this year, one question towered above all others for tech consumers: Would IBM PCs - and, in particular, the ThinkPad - maintain their tradition of quality and usability? After spending several days acquainting myself with the ThinkPad X41 Tablet, an ultraportable that turns the ThinkPad notebook into a convertible tablet PC, I can offer a resounding, if preliminary, answer: Yes - with a few caveats.
Three House committee chairmen asked the Bush administration yesterday to review the proposed sale of IBM's personal computer unit to a Chinese-owned company. Republican Reps. Donald Manzullo, Henry J. Hyde and Duncan Hunter stated in a letter to Treasury Secretary John W. Snow that they are worried the proposed sale could undermine U.S. national security by transferring sensitive technology to Beijing.
When the Chinese company Lenovo acquired IBM's fabled personal- computer unit earlier this year, one question towered above all others for tech consumers: Would IBM PCs - and, in particular, the ThinkPad - maintain their tradition of quality and usability? After spending several days acquainting myself with the ThinkPad X41 Tablet, an ultraportable that turns the ThinkPad notebook into a convertible tablet PC, I can offer a resounding, if preliminary, answer: yes - with a few caveats.
NEW YORK -- When the Chinese company Lenovo Ltd. acquired IBM's fabled personal-computer unit earlier this year, one question towered above all others for tech consumers: Would IBM PCs -- and, in particular, the ThinkPad -- maintain their tradition of quality and usability? After spending several days acquainting myself with the ThinkPad X41 Tablet, an ultraportable that turns the ThinkPad notebook into a convertible tablet PC, I can offer a resounding, if preliminary, answer: Yes -- with a few caveats.
International Business Machines Corp. passed Microsoft Corp. to become the world's second-most-valuable technology company, a reflection of industry changes including the shift away from the personal computer. IBM's market value rose to $214 billion Thursday, while Microsoft's fell to $213.2 billion. It's the first time IBM has exceeded its software rival based on closing prices since 1996, according to Bloomberg data. IBM became the fourth-largest company by market value, based on Thursday's closing price, and, in technology, trails only Apple Inc.
Most companies focus on what their customers want, and rightfully so, but that often makes it difficult to commit time and money to investigating ideas that one day may boost their bottom line. The next generation of business leaders and entrepreneurs is being trained to think about and project into the future what it would mean if their company got on board - or missed the boat - with an emerging technology.
...Jim Sluss, OU electrical and computer engineering professor, said disruptive technology ... of a disruptive technology was the personal computer, Sluss said. IBM, which was a mainframe c...
HONG KONG -- China's biggest computermaker said Tuesday it is in acquisition talks with a major international technology company, a disclosure that comes amid reports it might buy IBM Corp.'s personal computer business. Hong Kong-listed Lenovo Group Ltd. didn't name the company with which it is holding talks in a disclosure statement released by Hong Kong's stock exchange Tuesday, saying the negotiations were confidential.
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