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On December 3, 2004, The New York Times reported that according to involved people IBM wanted to sell their PC business. IBM spokesperson Edward Barbini stated: "IBM has a policy of not confirming or denying rumors." [19] On December 7, 2004, Chinese technology firm Lenovo announced its intent to purchase the IBM Personal Systems Group for $1.3 ...
ThinkPad is a line of business-oriented laptop and tablet computers produced since 1992. The early models were designed, created and manufactured by International Business Machines (IBM) until it sold its PC business to Lenovo in 2005; since 2007, all new ThinkPad models have been branded Lenovo instead [5] and the Chinese manufacturer has continued to develop and sell ThinkPads to the present ...
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. We got the ThinkPad brand, IBM's ...
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.
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
The ThinkPad T61 is a premium, business-class laptop computer manufactured originally by IBM, which sold the rights to Lenovo. [1] A ThinkPad , it was part of the T series , and was first manufactured in 2006.
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