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  2. Acquisition of the IBM PC business by Lenovo - Wikipedia

    en.wikipedia.org/wiki/Acquisition_of_the_IBM_PC...

    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.

  3. Why IBM Is Selling Its Server Business to Lenovo

    www.aol.com/2014/01/27/why-lenovo-is-buying-ibms...

    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.

  4. List of mergers and acquisitions by IBM - Wikipedia

    en.wikipedia.org/wiki/List_of_mergers_and...

    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.

  5. Lenovo Buys IBM's Low-End Server Business for $2.3 Billion - AOL

    www.aol.com/finance/2014-01-23-lenovo-buys-ibm...

    Cancan Chu/Getty Images By Paul Carsten and Soham Chatterjee BEIJING -- Chinese PC maker Lenovo Group Ltd agreed to buy IBM's low-end server business for $2.3 billion in what is set to be China's ...

  6. Lou Gerstner - Wikipedia

    en.wikipedia.org/wiki/Lou_Gerstner

    By the end of 1994, IBM ceased new development of OS/2 software. IBM withdrew from the retail desktop PC market entirely, which had become unprofitable due to price pressures in the early 2000s. Three years after Gerstner's 2002 retirement, IBM sold the PC division to Lenovo. [23]

  7. Are Lenovo and IBM Finally Close to Another Deal? - AOL

    www.aol.com/news/2014-01-22-are-lenovo-and-ibm...

    It has taken a long time, but Lenovo and IBM may be about to finally strike a bargain for IBM's x86 server business. Lenovo has openly acknowledged its interest in this business, but the companies ...

  8. Market share of personal computer vendors - Wikipedia

    en.wikipedia.org/wiki/Market_share_of_personal...

    Toshiba personal computer division was sold to Sharp in 2019, now Dynabook. IBM sold its personal computer business to Lenovo in 2005, and its x86 server division in 2014. Compaq was acquired by HP in 2002. Fujitsu figures include Fujitsu Siemens.

  9. How IBM Created the Future of the PC -- and Almost ... - AOL

    www.aol.com/news/2013-08-12-how-ibm-created-the...

    International Business Machines burst into the growing personal computer field Wednesday by announcing a new system that will be sold through IBM's own stores, ComputerLand dealers, and