IBM – Lenovo Deal Being Scrutinized by US Government Because of Security Concerns

24 Jan ’05

Bloomberg is running a story that the recently announced sale of IBM’s PC division to China’s Lenovo is being scrutinized by the US Government because of national security concerns.  Via eWeek:

According to a report from the Bloomberg News wire service, the Committee on Foreign Investments in the United States—which includes 11 U.S. agencies, including the Justice, Treasury and Commerce departments, as well as the Department of Homeland Security—is looking into the deal because of concerns that Chinese nationals might use their access to IBM’s facility in North Carolina for industrial espionage activities. The news service quoted anonymous sources.

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