The Birth of the World’s #1 PC Company
Lenovo Principle 1: Great Minds Can Create a Business out of a Vacuum.
Drinking tea together in the business class departure lounge of Raleigh-Durham International Airport, Lenovo executives Gina Qiao and Yolanda Conyers were enjoying a few minutes of downtime, catching up after a whirlwind week of meetings. After months of secrecy and high-level negotiations, Lenovo had just announced two history-making deals: the proposed acquisition of IBM PC’s low-end server business for $2.3 billion and the $2.9 billion pact to buy Motorola Mobility from Google.
The two colleagues were preparing to go their separate ways: Gina back to Beijing to meet with senior executives and discuss the impact of ...