IBM's PC unit piled up nearly $1 billion in cumulative losses in recent years, the company said in a filing detailing the planned sale of the business to China's Lenovo Group. The merger of IBM's PC ...

Price isn't everything, according to IBM executives. Instead, the keys to the kingdom are manageability, security and wireless communications, three elements IBM has included in its PC fall fashions.

IBM has reached a definitive agreement to sell its PC division to China-based computer vendor Lenovo Group in a deal that will effectively create a $12 billion PC company that will compete against ...

IBM Corp., the company that popularized the personal computer, said Tuesday it will sell its PC business to Lenovo Group of Beijing for $1.75 billion. The deal marks the exit of an industry pioneer ...

Symon Chang, president and CEO of Fremont, Calif.-based motherboard and add-on card vendor Tyan Computer, drew a parallel between IBM's move and RCA's decision to exit the TV industry. "I look at what ...

It wasn’t long ago I was nostalgic about an old computer I saw back in the 1980s from HP. It was sort of an early attempt at a PC, although price-wise it was only in reach for professionals. HP wasn’t ...

Chinese computer maker Lenovo has closed a $1.25 billion deal to buy IBM's personal-computer division. The sale, one of the biggest acquisitions ever by a Chinese company, will create the world's ...

You’ve gotta love it when your birthday falls on the weekend – well, it did last Saturday for one of the most august of our members – the IBM Personal Computer. The IBM PC, born 25 years ago, used a 4 ...

IBM is replacing Eastman Kodak's PCs worldwide, as the photography giant looks to cut its information technology costs. The program, which began more than a year ago, will be completed next year and ...

IBM’s personal computer division racked up $965 million in losses between Jan. 1, 2001, and June 30, 2004, the company said last week in a filing to the U.S. Securities and Exchange Commission in ...