On its face, the merger creates the third-largest PC business in the world, with approximately $12 billion in 2003 revenue and an 8 percent market share. The risk for Lenovo is that it might not add ...
Bob Moffat, IBM's general manager, Personal and Printing Systems Group, said IBM will "stay focused on its strategy" in the face of a brutal market for PCs. IBM's Personal and Printing Systems Group ...
IBM Corp., the company that popularized the personal computer, said Tuesday it will sell its PC business to Lenovo Group of Beijing for $1.75 billion. The deal marks the exit of an industry pioneer ...