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By the summer of 1993, the IBM PC Co. had divided into multiple business units itself, including Ambra Computer Corporation and the IBM Power Personal Systems Group, the former an attempt to design and market "clone" computers of IBM's own architecture and the latter responsible for IBM's PowerPC-based workstations.
IBM continues to develop storage systems, including tape backup, storage software and enterprise storage. December 2004 – Acquisition of the IBM PC business by Lenovo: Lenovo acquires 90% interest in IBM Personal Systems Group, 10,000 employees and $9 billion in revenue.
The world's largest PC manufacturer, Chinese technology company Lenovo , will pay $2 billion in cash and $300 million in stock to acquire IBM's x86 low-end server business, also known as System X.
Lenovo's purchase of the Think line from IBM also led to the creation of the IBM/Lenovo partnership, which works together in the creation of Think-line of products sold by Lenovo. On the purchase of IBM's personal computer division, Chuanzhi said in 2012: "We benefited in three ways from the IBM acquisition.
The interesting part about Lenovo buying IBM's PC business that hasn't gotten much attention is that Lenovo, which is based in China, is turning over much of the management of the company to a ...
Lenovo is the same China-based company that bought IBM's personal computer business back in 2004. Going forward, IBM says it expects to post improved second quarter results, helped by the closing ...
ThinkCentre is a brand for a family of business-oriented desktop computers, the early models of which were designed, developed and marketed by International Business Machines since 2003. In 2005, IBM sold its PC business, including the ThinkCentre brand, to Lenovo. ThinkCentre computers typically include mid-range to high-end processors ...
In partnership with Lenovo, we introduced the world's first mini desktop AI PCs powered by the Snapdragon X Series. ... IBM and others. We also announced the next evolution of Qualcomm Aware, our ...
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