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chipdesigner

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Re: KeithDust2000 post# 48859

Monday, 12/06/2004 8:38:11 PM

Monday, December 06, 2004 8:38:11 PM

Post# of 97573
IBM-Lenovo Pact On Tap To Be Announced Tuesday

http://www.crn.com/sections/breakingnews/dailyarchives.jhtml?articleId=54800686

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Barring any last-minute hiccup, IBM is expected to announce an agreement in principle to sell its PC business, including the desktop and notebook business, to Lenovo, sources said. If the deal is consummated after a due diligence phase, which could take four months, Lenovo will end up manufacturing and marketing IBM-branded PCs and notebooks through the current IBM channels including the IBM direct sales force, sources said. The pact does not include IBM servers. IBM and LeNovo were unavailable for comment Monday.
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