Ending nearly a week of speculation, IBM has reached an agreement to sell its personal computer business to Chinese PC maker Lenovo for US$1.25 billion in cash, a deal that calls for Big Blue to ...

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 ...

In a move that could end an era by eliminating a pioneer from the personal computer industry, IBM has reportedly put its PC business up for sale and might already have at least one prospective buyer ...

CHICAGO (AP) – William C. Lowe had a bold idea: IBM should develop a personal computer that could be mass marketed, expanding the company’s reach beyond businesses and into people’s homes. That was in ...