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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"

6 of 192 comments (clear)

  1. Re:A new hope for IBM by Anonymous Coward · · Score: 5, Funny

    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...

    Worst. Analogy. Ever.

  2. What Future For Thinkpad's? by rAiNsT0rm · · Score: 5, Insightful

    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
  3. But will they run Linux? by belmolis · · Score: 5, Interesting

    Here's a case in which the standard question "but does it run Linux?" is actually relevant. China getting into the PC business in a big way could have an impact on the availability of machines on which one doesn't have to pay the Microsoft tax. With China explicitly interested in independence from Microsoft, it seems likely that they won't play ball with Microsoft and will offer machines with no OS or with Linux pre-installed.

  4. no more discounts? by jwjcmw · · Score: 5, Interesting

    One thing I noticed with the acquisition is that some of the discounts that were available previously are not there any more. Realtors were able to get a pretty good discount (20% or so) on Thinkpads, but when you go to the link from the Realtor partner site, there are no thinkpads with discounts listed anymore. I wonder if they are doing away with these discounts? What about the good discounts that IBM employees get for their family and friends...I'd really hate to have to pay retail for a thinkpad.

  5. You know the coolest thing about thinkpads by ducttapekz · · Score: 5, Insightful

    . . . 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.

  6. ThinkPad's have been made in China by Anonymous Coward · · Score: 5, Insightful

    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.