Tagged: infrastructure

Lenovo 0

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...

Internet 0

October 24, 1995: Internet Coined by Federal Networking Council

1995 – The Federal Networking council officially coins the term Internet: the Council’s Committee on Computing, Information and Communications (CCIC) created the FNC on Sept. 20th, 1995 to act as a forum for networking collaborations among Federal agencies.From nitrd.gov Resolution: The Federal Networking Council (FNC) agrees that the following language reflects our definition of the term “Internet. “Internet refers to the global information system that – (i) is logically linked together by a globally unique address space based on the Internet Protocol (IP) or its subsequent extensions/follow-ons; (ii) is able to support communications using the Transmission Control Protocol/Internet Protocol (TCP/IP) suite or its...