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IBM and Lenovo New Leadership in Global PCs New advantages for all PC customers
Leading Products and Brands World Class Service & Support Global Reach New Growth Opportunities Scale IBM and Lenovo Enter into Long-term Strategic Alliance Create Powerful New Global Leader
The New Lenovo: Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Customer Value Continued IBM Sales Coverage Global Business Partner Network Ease of Doing Business IBM Financing Innovative Products / Broader Portfolio World Class Service and Support
Transaction Summary ,[object Object],[object Object],IBM IT Ownership Public Lenovo Holdings IBM 45% 19% 36% IBM Sales IBM Services IBM Financing The new Lenovo (Lenovo + IBM PC Business) “ Today’s announcement further strengthens IBM’s focus on the enterprise, while creating a new global business that is better positioned to capture the opportunities in the PC industry going forward.” – Sam Palmisano The new Lenovo Lenovo IBM
Lenovo Group LTD ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IBM Personal Computing Division ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Global PCs: Where are the opportunities? IBM focuses on the Enterprise market.  As a result, PCD revenue is weighted towards Large Enterprise/Mid-market customers. There is however, significant growth opportunity in the Small Business / Consumer market. PC market growth opportunity of $16B* from 2004 – 2006 led by SB / Consumer SB / Consumer Segment Revenue Mix LE / MM 57% LE / MM 29% SB / Consumer 43% SB / Consumer 71% 0% 20% 40% 60% 80% 100% Industry IBM LE / MM Source:  IDC PC Tracker Source:  International Planning & Research *Source:  IDC PC Tracker
The New Lenovo: Leveraging strengths to pursue opportunities Segment Product Mix Geography Lenovo % of Revenue IBM % of Revenue SB / Consumer 43% LE / MM,  57% Lenovo % of Revenue AP 100% IBM % of Revenue AP 32% Americas 42% EMEA 26% Lenovo % of Revenue Notebook 18% Desktop 82% IBM % of Revenue Notebook 60% Desktop 40% Data Source:  IDC PC Tracker / Internal sources LE / MM  17% 83% SB / Consumer
[object Object],[object Object],[object Object],Global PCs: Where are the opportunities? Source:  International Planning & Research
A Perfect Fit between Complementary Organizations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lenovo’s Chairman Yang .. We at Lenovo understand that people are at the core of a successful company. .. Our two companies also share a common vision to create an undisputed global leader in the PC industry.  .. we’re both fully committed to success – success on the international stage, and success through producing the best PCs in the world for both enterprises and consumers.  .. welcome to our family.  I’m honored that you will be joining us and I hope that we’ll get to know each other a lot better in the years to come. Yuanqing Yang
Customers Innovation Integrity Synergy in Values Dedication to every client’s success Innovation that matters – for our company and for the world Trust and personal responsibility in all relationships Serving customers Innovative and “can do” spirit Accuracy and truth-seeking Trustworthiness and integrity
The New Lenovo Announcement HR Transition Peter Haddad VP Human Resources, PSG
The New Lenovo Value Proposition ,[object Object],[object Object],[object Object],The transaction is expected to be completed   no later than the second quarter 2005, and requires the approval of Lenovo’s shareholders and review by relevant regulatory organizations.  It is the intention of IBM and Lenovo to reach and sign local agreements after completion of additional legal requirements and industrial relations processes where applicable in some countries outside the United States.
IBM Employees Joining the new Lenovo  ,[object Object],[object Object],[object Object]
Attractive Employee Compensation & Benefit Package*    ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Attractive Employee Compensation & Benefit Package*  (continued)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
US Benefits:  the new Lenovo ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IBM / Lenovo Transition Schedule Employees join the new Lenovo and  transition based on final country closing dates Proposed IBM/Lenovo transaction closing  Second Quarter 2005 New Lenovo provides details of benefits offerings First Quarter 2005 In-scope certification process December 8, 2004 – January 7, 2005 Employee Department Meetings December 8 – 16, 2004 Management Briefings December 8 – 9, 2004 Employee Announcement Meeting -  PCD Website published with new Lenovo   specifics; to be updated regularly December 8, 2004 Note: Dates represent anticipated transition plan and may vary based on transition progress
HR Summary  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 

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Lenovo Ppt Final Com Stg

  • 1. IBM and Lenovo New Leadership in Global PCs New advantages for all PC customers
  • 2. Leading Products and Brands World Class Service & Support Global Reach New Growth Opportunities Scale IBM and Lenovo Enter into Long-term Strategic Alliance Create Powerful New Global Leader
  • 3.
  • 4. Customer Value Continued IBM Sales Coverage Global Business Partner Network Ease of Doing Business IBM Financing Innovative Products / Broader Portfolio World Class Service and Support
  • 5.
  • 6.
  • 7.
  • 8. Global PCs: Where are the opportunities? IBM focuses on the Enterprise market. As a result, PCD revenue is weighted towards Large Enterprise/Mid-market customers. There is however, significant growth opportunity in the Small Business / Consumer market. PC market growth opportunity of $16B* from 2004 – 2006 led by SB / Consumer SB / Consumer Segment Revenue Mix LE / MM 57% LE / MM 29% SB / Consumer 43% SB / Consumer 71% 0% 20% 40% 60% 80% 100% Industry IBM LE / MM Source: IDC PC Tracker Source: International Planning & Research *Source: IDC PC Tracker
  • 9. The New Lenovo: Leveraging strengths to pursue opportunities Segment Product Mix Geography Lenovo % of Revenue IBM % of Revenue SB / Consumer 43% LE / MM, 57% Lenovo % of Revenue AP 100% IBM % of Revenue AP 32% Americas 42% EMEA 26% Lenovo % of Revenue Notebook 18% Desktop 82% IBM % of Revenue Notebook 60% Desktop 40% Data Source: IDC PC Tracker / Internal sources LE / MM 17% 83% SB / Consumer
  • 10.
  • 11.
  • 12. Lenovo’s Chairman Yang .. We at Lenovo understand that people are at the core of a successful company. .. Our two companies also share a common vision to create an undisputed global leader in the PC industry. .. we’re both fully committed to success – success on the international stage, and success through producing the best PCs in the world for both enterprises and consumers. .. welcome to our family. I’m honored that you will be joining us and I hope that we’ll get to know each other a lot better in the years to come. Yuanqing Yang
  • 13. Customers Innovation Integrity Synergy in Values Dedication to every client’s success Innovation that matters – for our company and for the world Trust and personal responsibility in all relationships Serving customers Innovative and “can do” spirit Accuracy and truth-seeking Trustworthiness and integrity
  • 14. The New Lenovo Announcement HR Transition Peter Haddad VP Human Resources, PSG
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. IBM / Lenovo Transition Schedule Employees join the new Lenovo and transition based on final country closing dates Proposed IBM/Lenovo transaction closing Second Quarter 2005 New Lenovo provides details of benefits offerings First Quarter 2005 In-scope certification process December 8, 2004 – January 7, 2005 Employee Department Meetings December 8 – 16, 2004 Management Briefings December 8 – 9, 2004 Employee Announcement Meeting - PCD Website published with new Lenovo specifics; to be updated regularly December 8, 2004 Note: Dates represent anticipated transition plan and may vary based on transition progress
  • 21.
  • 22.