6 result(s) displayed (1 - 6 of 6):

Lenovo Group deletes earlier acquisition strategy (from Corporate Dealmaker)

Lenovo Group Ltd. chief executive Yang Yuanqing's comment Thursday that now is not the time to pursue acquisitions comes three months after it looked like a buying spree could be pending. At a press event in which he laid out Lenovo's rebound strategy, Yuanqing said opportunities to buy have receded,...

Posted on April 3, 2009 12:10 PM

Lenovo retreats to China five years after IBM PC buy (from Corporate Dealmaker)

PC sales are down. Then again, so are the sales of just about everything else, so it wasn't a bolt from the blue when the world's fourth-largest PC maker, Lenovo Group Ltd., reported a quarterly loss. Though, the $97 million loss was bigger than expected, probably stemming from its $1.75 billion acquisition of IBM Corp.'s PC business. Buying Big Blue's unit made Lenovo susceptible...

Posted on February 5, 2009 10:24 AM

Sun Micro drops Google for old foe Microsoft (from Corporate Dealmaker)

Sun Microsystems Inc. and Microsoft Corp. have created a search alliance regarding Sun Micro's Java technology -- a striking development since Microsoft has paid more than  $2 billion over the years to settle lawsuits filed by Sun claiming it was misusing Java. The deal announced Monday calls for Sun...

Posted on November 10, 2008 4:09 PM

Meeting Lenovo's Mr. Synergy (from Corporate Dealmaker)

In most big transactions, there are folks we rarely hear about who nevertheless play a major role in the deal's success.  Meet, for example, Qiao Song, the head of procurement at Chinese computer maker Lenovo Group Ltd. His task after Lenovo acquired IBM Corp.'s personal computer business in 2005 was...

Posted on June 3, 2008 1:22 PM

GE Appliance sale: Managing unit's managers an important element (from Corporate Dealmaker)

Here's a guess about something that happened as General Electric Co. moved to put its appliance unit on the block, as reported earlier Thursday: The unit's top tier of executives, including the marketing and sales folks, probably got some kind of incentive deal to help promote a successful sale.Not that...

Posted on May 15, 2008 12:19 PM

China's dealmakers briefed on U.S. law (from Corporate Dealmaker)

Leading up to the publishing of our next Corporate Dealmaker magazine later this month, we've been telling you about investments in the emerging markets. Our contacts at Paul, Hastings, Janofsky & Walker LLP just reminded us of the flip side of the equation with a  report called "Acquisition of U.S....

Posted on March 7, 2008 9:37 AM