Dec 21 2004

Lenovo’s Buy Of IBM’s PC Unit Will Merge East, West Cultures

Published by at December 21, 2004 3:25 pm under Global Culture

IBMers sip spring water, wear suits and go on low-carb diets.

Workers at Lenovo, China’s biggest PC maker, favor fish head soup, open-collar shirts and smoking.

Lenovo on Dec. 7 agreed to buy Big Blue’s PC, laptop and notebook unit in a $1.75 billion deal. But in acquiring the unit — and 10,000 U.S. IBM (IBM) employees — Lenovo also is acquiring a very different corporate culture.

There’s been a growing number of Chinese giants buying key business units from Western firms.

Most analysts say such East-West marriages can work if parties address cultural or managerial issues quickly. And in a rapidly globalizing world, fusions between giants on opposite ends of the world may be the only way to go, they say.

Read more

Comments Off on Lenovo’s Buy Of IBM’s PC Unit Will Merge East, West Cultures

Comments are closed at this time.