Log in to WRAL.com with one click using your favorite social network:
OR
Log in using your WRAL.com account:



Wrong email/password combination.

Forgot password?

Register with WRAL.com using your favorite social network:
OR
Register for a WRAL.com account using our web form.

3:05 a.m. • 5-23-13

Weather Forecast for Raleigh

  • Today: Thunderstorm.
    • Hi: 83° F
  • Fri: Partly Cloudy.
    • Hi: 74° F
  • Sat: Clear.
    • Hi: 72° F

Other Locations

> 7 Day Forecast

Doppler Image

Published: 2004-12-07 05:43:00
Updated: 2004-12-07 05:43:00

Speculation Over Potential IBM Sale At RTP Continues To Gain Steam


IBM Sign
IBM Sign
print friendly

A big deal involving Research Triangle Park's biggest employer could come soon.

IBM

is reportedly in talks to sell its personal computer unit. That sale could affect 2,500 local workers.

There is no formal announcement from IBM, but there is speculation that the Lenovo Group could move its PC headquarters to RTP.

"You could conceivably have the same people working from the same building until Lenovo makes other arrangements," said Sougata Mukherjee, of the

Triangle Business Journal

.

Despite pioneering the PC, IBM lost its market dominance years ago. The company outsourced manufacturing and found a niche with the Thinkpad laptops, but PCs proved to be a profit liability for IBM.

"If you keep everything the same, it's not going to work for Lenovo either, so it's obvious there is going to be some restructuring done," Mukherjee said.

According to

RTP.org

, IBM is the largest employer in the Research Triangle Park with more than 13,000 employees. Glaxo SmithKline and Nortel are tied for second with 5,000 workers. Cisco Systems is fourth with 3,000 employees.

  • Reporter:
  • Photographer: Gil Hollingsworth
  • Web Editor: Kamal Wallace

0 Comments


WRAL.com welcomes your comments on this story. All comments are moderated prior to publication based on our posting guidelines. Please review them prior to posting and if your message is not approved.

View Comments 0 COMMENTS

This story is closed for comments. Comments on WRAL.com news stories are accepted and moderated between the hours of 8 a.m. and 8 p.m. Monday through Friday.

View Comments 0 COMMENTS