Updated Jan. 3, 2012 at 8:11 a.m.

Premium Lock IBM's PC sale to Lenovo was in part political, chairman says

Published: 2012-01-03 07:38:00
Updated: 2012-01-03 08:11:03

Sam Palmisano Chairman of the Board and CEO of IBM, Samuel J. Palmisano speaks at the annual meeting of the National Governors Association, in Boston. (AP Photo/Michael Dwyer, file) Image 1 of 3 · Next Image…

Sam Palmisano pushed the sale of Big Blue's computer group to Lenovo in 2004 for two major reasons, he tells The New York Times. One, he saw more opportunities for innovation and growth in software and services in hardware. Two, by selling to China-based Lenovo he would curry favor with the country's political leaders....

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