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

BYOD vs CYOD vs BYOC poll

Which approach is your firm taking to managing employees' mobile devices?

Popular Threads

Powered by Disqus
Sony Xperia Z2 Tablet powered by Android KitKat 4.4

Sony Xperia Z2 Tablet video

We take a look at the lightweight, waterproof tablet

Updating your subscription status Loading

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

newsletter sign-up button

Data protection: the key challenges

Deduplication is a foundational technology for efficient backup and recovery


iPad makes its mark in the enterprise

The iPad can become a supercharged unified communications endpoint, allowing users to enhance their productivity

Java Technical Lead (Java, JMS, Spring, XML, SQL, Tomcat)

Java Technical Lead (Java, JMS, Spring, XML, SQL, Tomcat...

Data Warehouse Domain Support Lead - Teradata, Informatica

Data Warehouse Domain Support Lead Data Warehouse...

Java Developer (Java, J2EE, Agile)

Java Developer (Java, Agile, Spring) Java, Agile...

Oracle BI Architect (OBIEE / OBIA / ODI)

Oracle BI Business Intelligence Architect (OBIEE / OBIA...
To send to more than one email address, simply separate each address with a comma.