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  1. Business - Companies - TECHNOLOGY

    Lenovo-IBM server talks reach impasse

    Posted May 03rd 2013, 12:00am by BIEN PEREZ

    ... Lenovo, the world's second-largest personal computer supplier, is holding firm on getting "a reasonable price" after reaching an impasse in negotiations to buy part ... that the transaction could be worth around US$5 billion. But Lenovo aims to secure "a reasonable price", which would be about a third of what IBM had asked for during the negotiations, another source ...

    http://www.scmp.com/business/companies/article/1228768/lenovo-ibm-server-talks-reach-impasse
  2. Don't expect a fairytale ending

    Posted Dec 13th 2004, 12:00am by Staff Reporter

    ... Can a frog turn itself into a prince by buying the prince's cast-off clothing? That is what Chinese computer maker Lenovo is trying to do with its purchase of IBM's personal computer business. Good luck to them. The market has given a thumbs-down to the deal: the day after Lenovo announced its US$1.75 billion acquisition of the iconic business, its shares fell almost ...

    http://www.scmp.com/article/481930/dont-expect-fairytale-ending
  3. Lenovo puts US$175m into NEC joint venture

    Posted Jan 28th 2011, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group has agreed to invest US$175 million of company shares with NEC Corp to create a joint venture that will serve as the biggest supplier of personal computers in Japan, the industry's third-largest market. The deal, which was formed yesterday and closes on June 30, represents Lenovo's second-largest expansion initiative after it acquired ...

    http://www.scmp.com/article/736992/lenovo-puts-us175m-nec-joint-venture
  4. Lenovo boosts outsourcing in Flextronics deal targeting Emea

    Posted Jan 18th 2010, 12:00am by Staff Reporter

    ... Bien Perez Mainland computer giant Lenovo Group is accelerating efforts to grow in the Europe, Middle East and Africa (Emea) region by increasing its outsourced manufacturing with Flextronics International. A range of Lenovo products targeting customers in that region- including desktops, servers and workstation computers- will be produced from this year at Flextronics' ...

    http://www.scmp.com/article/704012/lenovo-boosts-outsourcing-flextronics-deal-targeting-emea
  5. Lenovo completes purchase of IBM unit

    Posted May 02nd 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu Mainland computer giant Lenovo Group has completed the acquisition of IBM's personal computer division, creating the world's third-largest personal computing company, it announced yesterday. Lenovo paid IBM US$1.25 billion, consisting of US$650 million in cash and US$600 million in Lenovo shares, as well as assuming US$500 million of net balance sheet liabilities ...

    http://www.scmp.com/article/498963/lenovo-completes-purchase-ibm-unit
  6. Lenovo ready to swallow IBM unit

    Posted Apr 01st 2005, 12:00am by Staff Reporter

    ... BIEN PEREZ With US$950 million pouring into its war chest over the past eight days, mainland computer giant Lenovo Group has put fund raising on the backburner and started moving to conclude its acquisition of IBM's personal-computer business. Lenovo chief financial officer Mary Ma Xuezheng yesterday said there were no immediate plans for listing in the United States ...

    http://www.scmp.com/article/494889/lenovo-ready-swallow-ibm-unit
  7. Cashed-up Lenovo now ready to swallow IBM unit

    Posted Apr 01st 2005, 12:00am by Staff Reporter

    ... Bien Perez With US$950 million pouring into its war chest over the past eight days, mainland computer giant Lenovo Group has put fund raising on the backburner and started moving to conclude its acquisition of IBM's personal-computer business. Lenovo chief financial officer Mary Ma Xuezheng yesterday said there were no immediate plans for listing in the United States ...

    http://www.scmp.com/article/494905/cashed-lenovo-now-ready-swallow-ibm-unit
  8. Lenovo closing in on IBM global PC division

    Posted Dec 07th 2004, 12:00am by Staff Reporter

    ... HUI YUK-MIN The Hong Kong shares of Lenovo Group were suspended from trading on Monday amid rumours the mainland computer giant would announce a takeover of IBM's global personal computer business. A Lenovo spokesman told the South China Morning Post last night that an announcement was imminent. A deal with IBM would grant the mainland firm immediate access ...

    http://www.scmp.com/article/481047/lenovo-closing-ibm-global-pc-division
  9. Lenovo closing in on IBM global PC division

    Posted Dec 07th 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min The Hong Kong shares of Lenovo Group were suspended from trading yesterday amid rumours the mainland computer giant would announce a takeover of IBM's global personal computer business. A Lenovo spokesman told the South China Morning Post last night that an announcement was imminent. A deal with IBM would grant the mainland firm immediate access ...

    http://www.scmp.com/article/481138/lenovo-closing-ibm-global-pc-division
  10. Lenovo beats forecast as profit surges 25pc

    Posted Feb 18th 2011, 12:00am by Staff Reporter

    ... Bien Perez in San Francisco Computer giant Lenovo Group will boost spending on research and development and global brand-building, driven by its expanding mobile internet device business and international operations. Lenovo, the world's fourth-largest supplier of personal computers, made that commitment after its fiscal third-quarter net income to December rose a higher-than-expected ...

    http://www.scmp.com/article/738529/lenovo-beats-forecast-profit-surges-25pc

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