Chinese Mandarin - IBM-Lenovo deal clears security hurdle

Home Business China International Culture��Edu Sci��Tech Sports Life Travel P
hotos

��Search

  China Observer

�� China is entering a post-GDP era

�� Transformation of the ideal Chinese woman

�� Mainland China's richest man retains the discipline of a student

  Photos

�� Literary four treasures

�� HK-Shanghai joint investment promotion seminar

�� Int'l Lighting Fair

Find Suppliers Trade Leads Company Directories Product Directories China
Products China Suppliers Hot Products Hot Buys New Products Search by
Country Trade Shows
��Home>>Business

IBM-Lenovo deal clears security hurdle

www.chinanews.cn 2005-03-10 08:48:26

(Source: CRIENGLISH.com)

Mar. 9 - A US government panel has cleared the deal for China's Lenovo to
acquire the personal computer operations of IBM.
International Business Machines Corp. and Lenovo Group Ltd. of China made
a joint statement Wednesday that the Committee on Foreign Investment in
the United States (CFIUS), an interagency panel that can block mergers
for national security reasons, had cleared the deal.
Lenovo, China's largest personal computer maker, will manufacture PCs for
the global market with the IBM name under the deal signed last year. This
will include IBM's "ThinkPad" notebook computers.
Lenovo paid some 1.75 billion dollars under the deal, which underscores
the move toward lower-priced PCs.

          ��Lenovo to enter the Japanese market (2005-01-05)
          ��Great Wall and IBM launch joint venture (2004-12-13)

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service

Learn Chinese online, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet