text: Lenovo Buys IBM #39;s PC Business for \$1.25 Billion (Update7) Lenovo Group Ltd. agreed to pay \$1.25 billion for International Business Machines Corp. #39;s personal computer business, making the Chinese company the world #39;s third- largest PC maker and giving it a globally recognized brand.
inputs: Lenovo Buys IBM #39;s PC Business for \$1.25 Billion (Update7) Lenovo Group Ltd. agreed to pay \$1.25 billion for International Business Machines Corp. #39;s personal computer business, making the Chinese company the world #39;s third- largest PC maker and giving it a globally recognized brand.