Want CNET to notify you of price drops and the latest stories?

IBM passes PC torch to Lenovo

Big Blue's $1.75 billion deal with China's top PC maker creates an unlikely pairing that could be a tough sell.

3 min read
Big Blue reaches a $1.75 billion deal to buy its way out of the PC business. But the joint venture with China's leading PC maker brings together two radically different companies.

Lenovo's next chief looks to the future

newsmaker Stephen Ward, general manager of IBM's Personal Systems Group, will lead the way as the new Lenovo sets its sights outside China.
December 9, 2004

Will you buy an IBM computer?

the buzz Both companies say PC deal won't change quality of service for customers, but some are already wary of making new purchases.
December 8, 2004

Palmisano memo outlines reason for IBM sale

Firm's CEO says PCs are too much like consumer electronics, and that Big Blue's focus lies elsewhere.
December 8, 2004

IBM to customers: Expect business as usual

Following the sale of its PC arm, IBM is charting an even course to retain customers. But pricing could get competitive.
December 8, 2004

Why Lenovo-IBM is a tough sell

perspective A lack of derring-do among business buyers spells problems for a pairing of the Chinese PC giant and Big Blue, says News.com's Michael Kanellos.
December 8, 2004

IBM sells PC group to Lenovo

Big Blue will take an 18.9 percent stake in Lenovo in a deal valued at $1.75 billion.
December 8, 2004

Method to Palmisano's madness

perspective On the surface, IBM's sale to Lenovo looks like a humiliating retreat, but News.com's Charles Cooper says there's a careful logic behind this radical refashioning.
December 7, 2004

Michael Dell: IBM deal a dud

Says deal that would let China's Lenovo acquire IBM's PC unit would work about as well as other industry mergers--that is, not well.
December 7, 2004

IBM should sell PC unit

news.commentary Passing the PC business to a buyer would fit the company's goal of escaping tight margins and focusing on fatter profits.
December 7, 2004

An unknown PC giant, Lenovo flexes its muscles

China's largest computer maker, which might acquire IBM's PC business, is virtually unknown in the United States.
December 4, 2004

IBM said to be eyeing a sale of its PC business

After years of frustration, Big Blue looks to sell its PC unit to Chinese manufacturer Lenovo, according to a report.
December 3, 2004

Big Blue news a sign of PC market's graying temples

A sale of IBM's PC unit would be the latest example of a move toward consolidation as the market reaches maturity.
December 3, 2004

Are PC makers poised for major hit?

A third of today's top 10 manufacturers could exit the PC business by 2007, according to a new report.
November 29, 2004

related coverage

Selling Dell

newsmaker Some laughed when Dell branched beyond PCs. But Mike George, who runs the company's consumer business, is having the last laugh.
December 2, 2004

IBM launches Power chip alliance

Partnership with 14 other companies is designed to make the Power processor more adaptable and widely used.
December 1, 2004

How IBM has reinvented itself to defy extinction

special coverage After coming perilously close to disaster, the company today leads much of the industry. But can Big Blue carry that momentum into its next century?
June 16, 2004

A Legend in the making

special coverage Lenovo, formerly known as Legend, once existed only as a wholesale distributor for U.S. and European brands. Now it's one of the world's fastest-growing technology conglomerates.
August 12, 2002

From bits to boom: IBM PC turns 20

special coverage IBM wasn't the first company to sell a personal computer when it introduced the 5150 in August 1981. But the entry is credited with igniting the PC era.
April 10, 2001

photo galleries

A PC in the toaster? How mod!

There's also room in the humidor and the Darth Vader helmet. Take a gander at some strange and wonderful creations.
November 19, 2004

Inside Dell's Austin assembly plant

The 300,000-square-foot facility begins to buzz around 8 a.m. and churns continuously for a 10-hour shift (12 on the weekend).
October 27, 2004