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The Inventors of the "Modern" PC - Says GoodBye

Discussion in 'General Business' started by ! !, Dec 3, 2004.

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    It looks increasingly likely that the company that brought us the personal computer as we know it is going to sell off its PC unit, possibly to Chinese group Lenovo






    IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry.



    The company is negotiating with Chinese manufacturer Lenovo Group, formerly known as Legend, and at least one other buyer to sell its PC business unit, according to a report in Friday's New York Times. The unit could fetch as much as $2bn, the report said. IBM spokesperson Clint Roswell on Friday said that the company's policy is not to comment on rumour or speculation. Representatives at Lenovo were not available to comment.
     
    ! !, Dec 3, 2004 IP
  2. larysmith711

    larysmith711 Notable Member

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    #2
    It is a great move on their behalf. The need to get rid of that unit.
     
    larysmith711, Dec 3, 2004 IP
  3. mopacfan

    mopacfan Peon

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    #3
    I agree, should have gotten out of the pc market a long time ago.
     
    mopacfan, Dec 3, 2004 IP