IBM’s Fall From World Dominance
Cars That Think
AUGUST 11, 2021
It happened as well in 2002 when IBM sold its disk drive business to Hitachi at that time. Similarly, GE sold off GE Capital for $26 billion after the 2008 finance and banking collapse, which is a far cry from a decade earlier, when it was worth ten times that. And the marketplace also began to compete based on price.
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