
Sign up to save your podcasts
Or
<img width="600" height="600" data-tf-not-load src="https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo.jpg" class="attachment-full size-full wp-post-image" alt="Lenovo" decoding="async" srcset="https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo.jpg 600w, https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo-150x150.jpg 150w, https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo-300x300.jpg 300w, https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo-65x65.jpg 65w" sizes="(max-width: 600px) 100vw, 600px" />
2004 – It was an interesting day in the Tech community when we heard the news. IBM was getting out of the desktop and laptop markets and focus on server and infrastructure. They started by selling all their assets to Lenovo – China’s largest computer manufacturer. Lenovo wasn’t a household name in the US, but this pretty much changed that overnight.The deal was for $650 million in cash and $600 million in stock. Lenovo would also acquire $500 million in IBM liabilities, which would put the total to $1.75 billion. In return, Lenovo would instantly become the 3rd largest PC vendor with $12 billion in revenue, not to mention major markets in both China and the U.S.
4.6
55 ratings
<img width="600" height="600" data-tf-not-load src="https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo.jpg" class="attachment-full size-full wp-post-image" alt="Lenovo" decoding="async" srcset="https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo.jpg 600w, https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo-150x150.jpg 150w, https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo-300x300.jpg 300w, https://dayintechhistory.com/wp-content/uploads/2012/12/Lenovo-65x65.jpg 65w" sizes="(max-width: 600px) 100vw, 600px" />
2004 – It was an interesting day in the Tech community when we heard the news. IBM was getting out of the desktop and laptop markets and focus on server and infrastructure. They started by selling all their assets to Lenovo – China’s largest computer manufacturer. Lenovo wasn’t a household name in the US, but this pretty much changed that overnight.The deal was for $650 million in cash and $600 million in stock. Lenovo would also acquire $500 million in IBM liabilities, which would put the total to $1.75 billion. In return, Lenovo would instantly become the 3rd largest PC vendor with $12 billion in revenue, not to mention major markets in both China and the U.S.
55 Listeners
139 Listeners
32 Listeners
2 Listeners
18 Listeners
12 Listeners
17 Listeners
26 Listeners
19 Listeners
10 Listeners