BIZCHINA
Lenovo's acquisition of IBM's PC division
Updated: 2004-12-08 10:07
Yang Yuanqing, president and CEO of Lenovo, speaks at a press conference
in Beijing, December 8, 2004. During the press conference, Lenovo
announced that it is to acquire IBM's PC division for US$1.25 billion.
[newsphoto]
Lenovo Chairman Liu Chuanzhi (R) and Yang Yuanqing, president and CEO of
Lenovo, gesture at a press conference in Beijing, December 8, 2004.
During the press conference, Lenovo announced that it is to acquire IBM's
PC division for US$1.25 billion and Yang is to become chairman of the
board of Lenovo Group Ltd. [newsphoto]
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