Acquisition of the IBM PC business by Lenovo

Acquisition of the IBM PC business by Lenovo
Logo of IBM since 1972
Logo of Lenovo between 2003 and 2015
InitiatorLenovo
TargetIBM (IBM Personal Systems Group)
InitiatedDecember 7, 2004
CompletedMay 3, 2005

The acquisition of IBM Personal Systems Group, the PC business arm of International Business Machines (IBM) Corporation, by Lenovo was announced on December 7, 2004, and was completed on May 3, 2005.