![]() and Europe-and expanding share in emerging countries. Lenovo, armed with IBM's PC unit, eventually pursued a strategy that revolved around defending mature markets-U.S. Big Blue is also looking for a sequel of its own as it sheds commodity servers to focus on analytics, mobile, security and cloud. By shedding the PC business, IBM transformed into a hardware, software and services outfit. Lenovo bought IBM's PC business and an iconic ThinkPad brand and leveraged it to be the No. The IBM-Lenovo deal in 2005 will go down as a win-win scenario. What remains to be seen is whether Lenovo can pull off the sequel-the acquisition of IBM's server business-and become a larger smartphone-to-data center enterprise vendor. ![]() Lenovo on Thursday will celebrate the 10-year anniversary of its acquisition of IBM's PC business. ![]()
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