IBM planned sell off of PC business would end long good-bye
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IBM&#39;s expected decision to sell its $11.5 billion PC business would mark the end of an era and dramatically reshape the systems landscape, posing
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IBM Corp. is selling its personal computer business to China&#39;s largest PC maker in a $1.25 billion deal that marks the end of an era for the company that made &quot;PC&quot; a household word.
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NEW YORK, New York, United States of America -- International Business Machines (IBM) Corp has put its computer business up for sale, the New York Times said Friday, quoting people close to negotiations.
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International Business Machines Corp.'s possible exit from the personal computer business would be the latest move in what amounts to a long goodbye from a field it pioneered and revolutionized.
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IBM is selling its PC-making business to China's largest personal computer company, Lenovo Group Ltd., for &#36;1.25 billion, marking the U.S. company's retreat from an industry it helped pioneer in 1981.
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Industry watchers say a report that IBM Corp. has put its once-dominant personal computer business up for sale could signal the first move in a broader consolidation destined to shrink the number of PC manufacturers by about a third over the next couple of years.
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IBM (IBM:NYSE - news - research) is reportedly ready to exit the PC business, having long lost its dominance in the arena. The report said Lenovo Group, China&#39;s top PC company, is among the interested bidders.
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IBM is reportedly in talks to sell its personal computer business. It would mark the end of an era for the company that brought the computer into the mainstream when it began selling its desktop PC to corporations and consumers in 1981.
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Three top 10 PC manufacturers --  IBM (NYSE: IBM), Hewlett-Packard and one unnamed company -- may abandon the market in the next three years as consolidation takes hold, according to recent research from Gartner.
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International Business Machines Corp. has reportedly put its personal computer business up for sale in a deal that could fetch as much as &#36;2 billion and close an era for an industry pioneer which long ago shifted its focus to more lucrative segments of the computer business.
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IBM may need to do some creative deal making in order to sell PC business to China&#39;s Lenovo. By Robert Cyran, Breakingviews. LONDON (Breakingviews) - It&#39;s no surprise IBM is in talks to sell its PC business
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IBM, whose first PC in 1981 moved personal computing out of the hobby shop and into the corporate and consumer mainstream, has put the business up for sale, people close to the negotiations said Thursday.
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IBM Corp., the world&#39;s largest computer maker, said it is selling versions of its top supercomputer that may be scaled down for businesses and less-intensive scientific use.
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IBM is looking to sell its  personal computer business in a deal that could be worth up to  $2 billion, The New York Times reported on Friday, capping a  gradual withdrawal from the business it pioneered.
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IBM's deal to sell its personal computer business to China's Lenovo, a move likely to reshape the industry, signals the PC has evolved into a mass consumer item with little profit, analysts say.
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IBM (IBM.N: Quote, Profile, Research) is looking to sell its personal computer business in a deal that could be worth up to $2 billion, The New York Times reported
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The company that has been synonymous with the term &quot;PC&quot; since it was first created is getting out of the PC business. According to a report in the New York Times, IBM is in talks with China&#39;s largest maker