IBM (PC Division)
Since its inception in IBM, the firm has aided the United States in maintaining its technological leadership. It was more involved in business machinery than computers back then. To say the least, IBM has an interesting history. Lenovo paid $1.75 billion for its PC segment in 2004. Chuanzhi Liu, Lenovo’s CEO at the time, said, “As Lenovo’s founder, I am thrilled by this achievement in Lenovo’s journey toward becoming an international business.” IBM CEO Sam Palmisano, on the other side, expressed his views by saying, “Today’s announcement further enhances IBM’s capacity to seize the highest-value opportunities in a fast evolving information technology sector.”
IBM (PC Division)
Legendary Entertainment Group
Dalian Wanda Group chose to go all-in by purchasing a movie studio in 2016 after purchasing AMC and seeing significant success in the movie business. In a $3.5 billion agreement, Legendary Entertainment Group sold its stake to the Chinese business. Dalian Wanda Group sought to include it into its current portfolio at the moment. However, it finally came to the conclusion that it would be best to keep it running as-is. Let’s take a look at how things are going for LEG now that it’s been four years following the acquisition. Jurassic World: Fallen Kingdom, Pacific Rim: Uprising, Kong: Skull Island, and Skyscraper! have all been produced following the acquisition.
Legendary Entertainment Group