Last week, Heather Ross was in charge of IBM Canada Ltd.'s computer business.This week, she's still in charge of selling the same IBM-branded computers, but soon she'll be doing it for Lenovo Group Ltd., the Beijing company that is buying the personal computer business of International Business Machines Corp. of Armonk, N.Y., in a deal valued at $1.75-billion (U.S.).
The deal has been structured so that many IBM employees, like Ms. Ross, will join Lenovo and continue in roles similar to the ones they had with IBM. Ms. Ross will head a unit in Canada that employs about 400 people.
In addition to keeping IBM employees, Lenovo will keep the IBM brand on many of the products it sells, in the hopes of cashing in on Big Blue's cachet among corporate information technology buyers . . . [Read the full story in yesterday's Globe and Mail]