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  1. #1
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    Default Who owns Lenovo?

    My real estate agent was over to my house and saw my new T61. He says, nice notebook, you know they were bought out by some Chinese company about 5 months ago? I said IBM owns Lenovo. He says, no, they were just bought by some Chinese company.

    I really don't care, I just want to know how I should have replied.

    1. Mike, you're FOS as usual. Or...
    2. Really, I didn't know that, how interesting. Or...
    3. Yeah, I remember seeing all those Chinese city names when following
    it's build, so that's what that meant!


    Really, it doesn't matter to me who owns Lenovo but I really thought it was IBM.

  2. #2
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    Default Re: Who owns Lenovo?

    As of May 31, 2007, 39.6% of Lenovo is owned by public shareholders, 42.4% by Legend Holdings Limited, 7.9% by IBM and 10.1% by Texas Pacific Group, General Atlantic LLC and Newbridge Capital LLC. Because the Chinese Academy of Sciences, a Chinese government agency, owns 65% of Legend Holdings, effectively the Chinese government owns about 27.5% of Lenovo and is the largest shareholder.

    It is headquartered in Beijing, China

  3. #3
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    Default Re: Who owns Lenovo?

    Actually it's the other way round. Lenovo owns IBM. And Lenovo is a Chinese company. Actually, more accurately, Lenovo owns IBM's PC division.
    Last edited by dtwn; 24th March 2008 at 10:38 AM.

  4. #4
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    Default Re: Who owns Lenovo?

    Quote Originally Posted by dtwn83 View Post
    Actually it's the other way round. Lenovo owns IBM. And Lenovo is a Chinese company. Actually, more accurately, Lenovo owns IBM's PC division.
    Quoting for truth and to backup this answer. Lenovo bought the PC Division of IBM, the Lenovo name is on most ThinkPad products sold at this time now.

  5. #5
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    Default Re: Who owns Lenovo?

    OK, correct answer to Mike should have been:

    It's more complicated than that. But I think you're still FOS most of the time.

  6. #6
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    Default Re: Who owns Lenovo?

    you should have replied:

    2. Really, I didn't know that, how interesting

    i'm not sure how long ago.. but its more than a year ago i think...

    but YES! Lenovo bought IBM PC division (as Andrew said), and now they produced, designed, and engineered thinkpad notebook. as far as i know; the quality of the thinkpad line has not been compromised.
    Windows and Mac user

  7. #7
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    Default Re: Who owns Lenovo?

    So was it ever correct to say IBM bought Lenovo? That was what I'd originally heard when looking for a notebook (which now it seems was after Lenovo bought the IBM PC Division...or whatever). Color me

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    Default Re: Who owns Lenovo?

    Quote Originally Posted by wobble987 View Post
    the quality of the thinkpad line has not been compromised.
    yet.........
    Software Engineer
    ThinkPad T61, 15.4" WSXGA+, T7300, 3GB 667MHz, Quadro NVS 140m 128Mb, 160GB 8Mb 5400RPM, DVD+/-RW DL, WLAN 802.11 a/b/g/n, BT, 1GB LAN, SD/MMC/MS/XD, Windows 7 Professional

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    Default Re: Who owns Lenovo?

    I thought IBM own lenovo guess it is the other way around

  10. #10
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    Default Re: Who owns Lenovo?

    From my understanding Lenovo was in charge of thinkpad production even when ibm owned the thinkpad trademark for some time...just a note...
    Last edited by symple; 24th March 2008 at 12:59 PM.
    T61p: 15.4" WSXGA+, Core2Duo T9300,3GB RAM, nVidia Quadro 540m, 160GB 7200RPM, DVD-RW, 4965AGN, FP, BT, 9-cell

 

 
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