update IBM will sell its PC division to China-based Lenovo Group and take a minority stake in the former rival in a deal valued at $1.75 billion, the companies announced Tuesday. The two companies ...

When Lenovo acquired IBM’s Personal Computing division, the move marked the end of an era for one industry giant and produced another. The deal, valued at $1.75 billion (£900m), was announced in ...

On its face, the merger creates the third-largest PC business in the world, with approximately $12 billion in 2003 revenue and an 8 percent market share. The risk for Lenovo is that it might not add ...

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China’s Lenovo Group signed a definitive agreement on Wednesday to acquire IBM’s personal computing division. Lenovo will pay $1.25 billion in cash and equity for the business, which is expected to ...

The first foldable PC, the Lenovo ThinkPad X1 Fold Remove non-product link, goes on preorder Tuesday, the company announced, and is due to ship by the end of the year. The price: $2,499. Perhaps not ...