
Lenovo to Drop IBM Brand
After purchasing IBM's PC division three years ago Lenovo has continued to use the IBM brand until now. Although the agreement gave Lenovo rights to the IBM name until 2010 the company has now announced that, starting from next year it would drop the brand.
By making substantial progress on all of our critical priorities over the past few quarters, we're now a stronger, healthier company,
One important sign of this progress is our decision to completely transition our Think products from the IBM brand to the Lenovo brand two years earlier than planned.said William Amelio, chief executive of Lenovo, in a press announcement relating to its quarterly results.