Tagged: coaxial cable

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December 8, 2004: IBM sells PC Division to Lenovo

2004 – It was an interesting day in the Tech community when we heard the news. IBM was getting out of the desktop and laptop markets and focus on server and infrastructure. They started by selling all their assets to Lenovo – China’s largest computer manufacturer. Lenovo wasn’t a household name in the US, but this pretty much changed that overnight.The deal was for $650 million in cash and $600 million in stock. Lenovo would also acquire $500 million in IBM liabilities, which would put the total to $1.75 billion. In return, Lenovo would instantly become the 3rd largest PC...

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November 30, 1959: $2.9 Million IBM 7090 Mainframe

1959 – Want to see a 2.9 million dollar computer? That was the IBM 7090 – a transistorized mainframe computer that was designed for scientific research and tech applications. It replaced the 709 series, which used vacuum tubes. The first two were delivered – one of the 7090’s would be used for the Mercury and Gemini space missions. Check out more on the IBM 7090 This Day in Tech History podcast show notes for┬áNovember 30 The First Coaxial cable is installed Microsoft Vista is released to Volume licence customers Jeopardy contestant Ken Jennings loses. Podcast: Play in new window |...

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