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Going, Going, Gone: IBM Sells PC Group To Lenovo

It was rumored before, but now, as Rick Zeman writes, "It's official: According to news.com, IBM has sold their PC business in a complex arrangement where, 'under the deal, IBM will keep an 18.9 percent stake in Levono. Lenovo will pay $1.25 billion for the IBM PC unit and assume debt, which will bring the total cost to $1.75 billion. Lenovo will pay roughtly $650 million in cash and $600 million in securities.' Plus, Lenovo will be able to use the IBM and Think names for 5 years."

1 of 576 comments (clear)

  1. Re:Get a Gateway by dgatwood · · Score: 5, Informative
    Let's look again.

    2. 2. They dont have a "middle" size powerbook. They go from tiny 12 to large 15+. Where is the 14 ?

    The 15 is the middle size. Apple also sells a lunch tray version. Don't believe me? Walk into the cafeteria at Apple some time and you'll see what I mean. 17 inches of usable food tray space. :-D

    3. What the hell is the deal with the speakers being next to the keyboard ?

    Simple. It gives you bass response that doesn't suck. Of course, some might suggest moving the speakers to the screen, but it turns out that clear speakers are neither. :-D

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    Check out my sci-fi/humor trilogy at PatriotsBooks.