IBM has reached a definitive agreement to sell its PC division to China-based computer vendor Lenovo Group in a deal that will effectively create a $12 billion PC company that will compete against ...

Ending nearly a week of speculation, IBM has reached an agreement to sell its personal computer business to Chinese PC maker Lenovo for US$1.25 billion in cash, a deal that calls for Big Blue to ...

Among corporate technology managers, it's one of the oldest adages: "Nobody ever got fired for buying IBM." That is because many regarded it to be a safe bet to do business with the established tech ...

To ensure minimal disruption to its customer base, Lenovo's new IBM-branded business will initially operate virtually as a separate entity. "The Lenovo business in China will remain split and will be ...

Chinese computer maker Lenovo has closed a $1.25 billion deal to buy IBM's personal-computer division. The sale, one of the biggest acquisitions ever by a Chinese company, will create the world's ...

It wasn’t long ago I was nostalgic about an old computer I saw back in the 1980s from HP. It was sort of an early attempt at a PC, although price-wise it was only in reach for professionals. HP wasn’t ...