国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

  Home>News Center>China
       
 

Lenovo wins US nod to buy IBM PC
(China Daily)
Updated: 2005-03-10 01:49

SAN FRANCISCO: Lenovo Group Ltd won clearance from a US national security oversight committee to acquire IBM's personal computer business, the companies said yesterday, overcoming resistance from some US lawmakers.

Customers talk with sales staff at a Lenovo outlet in Shanghai. [newsphoto]
An IBM executive said the high-level US committee had given the deal its unanimous consent the final external approval needed putting the US$1.25 billion PC sale on track to close in the second quarter as originally planned.

"We were able to get unanimous agreement from the members of the committee," Stephen Ward, general manager of IBM's Personal Systems Division, said in a telephone interview. Ward is to become chief executive of Lenovo, which is headquartered in Beijing, once the deal closes.

The merger of the IBM PC business with China's biggest PC maker the first combination ever of a major US corporation and a top Chinese one will create the world's third largest PC maker and one strongly positioned in several fast-growing markets.

The deal met unexpected resistance when some US lawmakers began decrying the loss of a US-based PC maker to China on national security accounts.

The go-ahead from the Committee on Foreign Investment in the United States (CFIUS) was received on Tuesday, Ward said.

CFIUS is composed of 11 US agencies and was created in 1998 to conduct security reviews of business deals.

Ward said terms of the approval are confidential, but that no compromises were required over the location of Lenovo facilities in sensitive research areas, nor were limits put on Lenovo's ability to sell PCs to US agencies.

"I don't think we made any compromises at all," Ward said.



 
  Today's Top News     Top China News
 

People's congress prepared to 'fulfil history'

 

   
 

Lenovo wins US nod to buy IBM PC

 

   
 

Corrupt officials seized and punished

 

   
 

State banks urged to reform with gov't input

 

   
 

China hints at death penalty reform

 

   
 

Education void expands wealth gap

 

   
  Taxes form east to pay for rural social programs
   
  SOEs asset write-offs cost country dear
   
  Medical sector in dire need of changes
   
  China hints at death penalty reform
   
  Education void expands wealth gap
   
  Chinese firms join Galileo project
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Lenovo: IBM deal on schedule
   
Lenovo reports flat 3rd Quarter profit
   
Lenovo reports flat third quarter profit
   
Don't politicize business
   
US lawmakers urge IBM-Lenovo sale review
   
Lenovo shares jump on report of IBM deal hurdle
   
Lenovo, Visa to form alliance
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
仙游县| 克东县| 诏安县| 保康县| 和平县| 昌邑市| 富阳市| 乌海市| 游戏| 西城区| 舟曲县| 仁布县| 汉源县| 竹溪县| 兴国县| 长海县| 商南县| 和平县| 呼玛县| 澄城县| 长沙市| 黄骅市| 夹江县| 昌图县| 麟游县| 临安市| 华坪县| 杨浦区| 个旧市| 沈阳市| 双流县| 隆尧县| 北流市| 财经| 资溪县| 志丹县| 鄂尔多斯市| 武穴市| 金昌市| 繁峙县| 凤台县|