China Economic Review
Charting China’s changing economic terrain · Since 1990

Lenovo gets nod to buy IBM PC

March 9, 2005

China's largest PC maker, Lenovo Group Ltd, won approval from the US to acquire IBM's PC business, overcoming Washington's security concerns over technology transfers, the companies said. The US$1.25bn deal is expected to close in the second quarter.

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading