IBM is replacing Eastman Kodak's PCs worldwide, as the photography giant looks to cut its information technology costs. The program, which began more than a year ago, will be completed next year and ...

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 ...

The Armonk, N.Y.-based IT giant next week is expected to announce that it has agreed to sell its $11.5 billion PC business to China-based PC vendor Lenovo, according to sources. IBM executives ...

The widely expected deal, one of the biggest Chinese overseas acquisitions ever, would make Lenovo the third-largest PC company in the world. IBM currently holds that spot. The sale extends IBM's long ...