Friday, December 3, 2004

IBM said to be eyeing a sale of its PC business | CNET News.com

IBM said to be eyeing a sale of its PC business | CNET News.com: "IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry.

The company is negotiating with Chinese manufacturer Lenovo Group, formerly known as Legend, and at least one other buyer to sell its PC business unit, according to a report in Friday's New York Times. The unit could fetch as much as $2 billion, the report said."

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