Steve Mehs
12-03-04, 06:11 PM
IBM has put its PC business up for sale, according to a story published on Friday on the Web site of The New York Times.
IBM is discussing selling the business to Lenovo Group, China's largest maker of personal computers, and at least one other potential buyer, according to the article. The price of the sale and the status of the negotiations were not mentioned.
A spokesperson for IBM in Japan declines comment on the story and a spokesperson for Lenovo in Hong Kong had no immediate comment.
IBM's personal systems group, which includes its PC business, has shown strong year-on-year sales growth for each of the first three quarters of this year, according to the company.
MORE (http://www.pcworld.com/news/article/0,aid,118817,00.asp)
IBM is discussing selling the business to Lenovo Group, China's largest maker of personal computers, and at least one other potential buyer, according to the article. The price of the sale and the status of the negotiations were not mentioned.
A spokesperson for IBM in Japan declines comment on the story and a spokesperson for Lenovo in Hong Kong had no immediate comment.
IBM's personal systems group, which includes its PC business, has shown strong year-on-year sales growth for each of the first three quarters of this year, according to the company.
MORE (http://www.pcworld.com/news/article/0,aid,118817,00.asp)