IBM (PC Division)
IBM has a genuinely fascinating past, to say the least. Ever since it was founded in IBM, this company has helped the United States stay on top when it comes to tech. In those days, it was more involved in business machines more than computers. In 2004, Lenovo bought its PC division for $1.75 billion. “As Lenovo’s founder, I am excited by this breakthrough in Lenovo’s journey towards becoming an international company,” shared Chuanzhi Liu, who was the CEO of Lenovo back then. On the other hand, IBM CEO Sam Palmisano shared his thoughts by saying, “Today’s announcement further strengthens IBM’s ability to capture the highest-value opportunities in a rapidly changing information technology industry.”
IBM (PC Division)
Legendary Entertainment Group
Following the acquisition of AMC by Dalian Wanda Group, which witnessed tremendous success in the movie industry, the company decided to go all-in by purchasing a movie studio in 2016. Legendary Entertainment Group sold its stake in the Chinese corporation for $3.5 billion, transferring ownership to the Chinese company. At the time, the Dalian Wanda Group intended to incorporate it into its current portfolio of businesses. However, it eventually came to the conclusion that it would be best to keep things as they were. Let’s take a look at how things are going for LEG now that it’s been four years since the transaction was completed. The company has now made films such as Jurassic World: Fallen Kingdom, Pacific Rim: Uprising, Kong: Skull Island, and Skyscraper! since its takeover in 2011.
Legendary Entertainment Group
