Lenovo Completes Acquisition Of IBM's PC Division
karvind writes "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. Under the deal, IBM takes an 18.9 percent stake in Lenovo. Lenovo paid $1.25 billion for the IBM PC unit and assumed debt, which brought the total cost to $1.75 billion. Slashdot timeline: Dec 3, 2004: IBM Puts PC Business Up for Sale, Dec 4, 2004: Chinese PC Maker Looks to Buy IBM's PC Business, and Mar 9, 2005: U.S. Approves IBM/Lenovo Sale"
but i wonder what this will do to support for prior IBM computers
IBM leaving the PC business seems sad, and I hope the fact they still have a big stake in the PowerPC and Workstation markets means they'll re-enter, this time with something a little more interesting. That said, it's important not to overstate this: IBM has never been a commodity player, and the PC business is a commodity market. That's why they're getting out. The chances of a populist computer coming out of IBM soon isn't that likely. It's like Anakin Skywalker being thrown into the lava and left there by Obi Wan Kenobe in the climactic scene of the new Star Wars movie, explaining why he has to wear the protective suit in his guise as Darth Vader and why he's all hairless and damaged in Return of the Jedi. Just like in that movie, it may explain things in the future of IBM (albeit things we're not aware of yet, whereas we've all seen A New Hope) and is a dramatic change. Hopefully though IBM's not "going to the dark side"!
But it is sad. In many ways, I feel that when it came to IBM and its influence over the last few years, she blinded me with science.
You are not alone. This is not normal. None of this is normal.
how long before we see lonovo machines at Best Buy?
Honestly, I don't think this matters much. Thinkpads are about the only IBM PCs I've ever seen used in the past 10 years. We had an old IBM PC back in High School that was donated because it simply didn't hold up. We ended up trashing it because it kept eating video cards like they were candy, and the computer lab didn't have many to spare for it. It did resist that sledgehammer well, but that doesn't have much to do with the computer itself.
So in the end, this really doesn't effect anyone I know of unless you really want a Thinkpad...
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It figures the only laptop I will even consider since they hooked me on the little pointer nub is a Thinkpad. A lot of business users rely on TP's too, and now with this Lenovo aquisition what lays ahead for the beloved Thinkpad?
http://teasphere.wordpress.com - A little spot of tea
. . . No windows key. I didn't like it at first but then I realized, it is a neutral pc. It doesn't have an ms advertisement on the keyboard. I hope that doesn't change.
I wish to preempt foolish comments that quality will now deteriorate into the crapper:
ThinkPads have been manufactured in China for some time now while maintaining high quality.
Please stop the unfounded China bashing: the country's industries have been quickly becoming very competent at high quality production as well as churning out $2 Wal Mart items.
"ThinkPad recommends Microsoft® Windows® XP Professional"
But I agree that it's possible that they may go towards more to a non-MS, or MS-agnostic company.
They have an agreement with the "DevilIncarnate" to pre-install his O/S for small batches. Order 500 units or more and you can have whatever O/S you like.
1984: apple puts out 1984 commercial decrying IBM as Orwellian PC maker stifling industry.
2005: IBM NO LONGER MAKES IBM compatible personal computers... They now they make Apple Power Macintosh and iMac computers.
guns kill people like spoons make Rosie O'Donnell fat.