Margaret Warner discusses IBM's sale of its personal computer business to one of China's top PC makers with a technology expert and a China analyst. The company that pioneered the personal computer is ...

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 ...

On its face, the merger creates the third-largest PC business in the world, with approximately $12 billion in 2003 revenue and an 8 percent market share. The risk for Lenovo is that it might not add ...

From the birth of the PC to the first smartphone, Boca Raton shaped the digital age. Now, D-Wave is moving into IBM's old labs to build the future.

A Securities and Exchange regulatory filing by IBM revealed that the firm continued to lose money in its PC operation in the past three years, and that the losses continued even after the firm had ...

IBM Corp.’s personal computer business racked up US$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 ...

Bob Moffat, IBM's general manager, Personal and Printing Systems Group, said IBM will "stay focused on its strategy" in the face of a brutal market for PCs. IBM's Personal and Printing Systems Group ...

A sale of IBM's PC unit would be the latest example of a move toward consolidation as the market reaches maturity. A third of today's top 10 manufacturers could exit the PC business by 2007, according ...