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Lenovo Completes Acquisition Of IBM's PC Division

Posted by ryuzaki0 on from the purchasing-the-collective dept.

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"

3 of 192 comments (clear)

  1. Slashdot and Chinese stories... by Neil+Blender · · Score: 0, Offtopic

    ...after an hour, they need to post another one.

  2. Does this mean ... by tomhudson · · Score: 0, Offtopic
    Does this mean that if I want a ThinkPad I'll have to buy it at Walmart?

    Talk about down-scaling a product ... guess there's no more "born in the USA".

    (not that I'd buy one of those Fords that Gates is supposed to be helping make crash-proof. Yeah, sure. That'll be the day - the first time in history that onboard computers either rust or commit suicide in shame)
  3. Re:my girlfriend will hate me saying this by Locke2005 · · Score: 0, Offtopic

    I know what you mean! Its so hard to get my tongue down there between the keys that I usually wind up just using the touchpad instead!

    --
    I've abandoned my search for truth; now I'm just looking for some useful delusions.