All the latest UK technology news, reviews and analysis

Top 10 Black Friday IT bargains from history

23 Nov 2012

Everybody loves a bargain and then bragging about it, and with Christmas approaching the chance to snaffle up goods on the cheap is at the forefront of most people's minds.

As such the post-Thanksgiving Black Friday sales are a great opportunity to grab a bargain - even for those in the UK as major US vendors such as Apple or Amazon slash prices to tempt us into a purchase.

In this light, V3 decided to take a look at some the best deals the IT industry has ever seen, from innovative open-source products to prudent merger deals and downright lucky buys, that those involved in are probably still bragging about to this day.

10. Lenovo buys IBM's PC business

Lenovo ThinkPad X1 CarbonChinese manufacturer Lenovo acquired IBM's PC business in 2005 for $1.75bn. In the second quarter of 2012 Lenovo made $8.7bn in sales.

The IBM acquisition saw Lenovo move from a successful Chinese PC-maker to an international powerhouse in the personal computer market.

Yet, when Lenovo bought IBM's PC division it was floundering. Before the acquisition the IBM unit had posted losses three years running. Big Blue's PC division was also failing to fit into the firm's corporate strategy which focused on high-margin enterprise hardware.

Enter Lenovo. It bought IBM and used the IBM brand to reassure consumers they were producing high-quality products. Global sales continued strong with Lenovo eventually positioning their own ThinkPad products.

Lenovo ended up doing so well globally that the firm decided to drop the IBM name by 2007. Ever since, the company has flourished under its own banner.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Shaun Nichols

Shaun Nichols is the US correspondent for He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

More on Strategy
What do you think?
blog comments powered by Disqus

Windows 10 poll

What are your first impressions of Windows 10?

Popular Threads

Powered by Disqus
V3 Sungard roundtable event - Cloud computing security reliability and scalability discussion

CIOs debate how to overhaul businesses for the digital era

V3 hosts roundtable with Sungard Availability Services

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Junior Developer - Manchester - up to £25,000

Graduate Web Developer (C/C++, HTML, CSS, JavaScript...

Logistics Systems Project Manager - WMS

Logistics Systems Project Manager - Leading retailer...

Supply Chain Project/ Programme Manager

Supply Chain, Project Manager, Programme Manager, Consultancy...

Incident Manager - Birmingham - £400 - £500 per day

Incident Manager - Birmingham - £400 - £500 per day...
To send to more than one email address, simply separate each address with a comma.