Lenovo's quest for worldwide acceptance will begin at the upcoming Winter Olympics.
The merger of IBM's PC unit and Lenovo will allow the Chinese giant to accomplish a goal that has bedeviled it for years: sell its homegrown products overseas.
Chinese PC maker Lenovo Group said Tuesday it will take a majority stake in a partnership with IBM's PC group in a deal valued at US$1.75 billion.
Two years ago, I got an inside look at operations at Lenovo Group, the Chinese computing giant that is forming a joint venture with IBM to sell PCs worldwide.
A deal that would let China's Lenovo acquire IBM's PC unit would work about as well as other mergers in the industry, Michael Dell said--that is, not well.
We give incoming HP CEO Mark Hurd a few words of advice ... like ditch the Gulfstreams.
Big Blue's plan to sell its PC unit to China's Lenovo Group (formerly known as Legend) would be the latest example of a move toward consolidation as the market reaches maturity.
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