The company that pretty much invented the PC is selling off it's PC division. The division includes it's entire range of desktop and notebook computers. IBM is going to hold onto it's server and corporate services division.

From the NY Times.

I.B.M. Said to Put Its PC Business on the Market
By ANDREW ROSS SORKIN and STEVE LOHR

Published: December 3, 2004

I.B.M.

International Business Machines, whose first I.B.M. PC in 1981 moved personal computing out of the hobby shop and into the corporate and consumer mainstream, has put the business up for sale, people close to the negotiations said yesterday.

While I.B.M. long ago ceded the lead in the personal computer market to Dell and Hewlett-Packard so it could focus instead on the more lucrative corporate server and computer services business, a sale would nonetheless bring the end of an era in an industry that it helped invent. The sale, likely to be in the $1 billion to $2 billion range, is expected to include the entire range of desktop, laptop and notebook computers made by I.B.M

 Read it here

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