IBM loss - at the time the biggest in American corporate history. Lou Gerstner was hired as CEO from RJR Nabisco to turn the company around. In 2002, IBM acquired PwC consulting, and in 2003 it initiated a project to redefine company values, hosting a three-day online discussion of key business issues with 50,000 employees. The result was three values: "Dedication to every client's success", "Innovation that matters—for our company and for the world", and "Trust and personal responsibility in all relationships". In 2005, the company sold its personal computer business to Chinese technology company Lenovo and, in 2009, it acquired
Lenovo Skylight Lenovo Skylight Lenovo Skylight was a small portable computer with mobile data capabilities (sometimes called a smartbook) designed by Lenovo. The project was announced in January 2010, but was cancelled less than six months later. Qualcomm was rumored to announce a smartbook at an analyst meeting on November 12, 2009. A Lenovo device concept was shown, and reported that it would be announced officially at the Consumer Electronics Show of January 2010. The Lenovo device was expected to be sold through AT&T carrier in the US. A Lenovo device was submitted to the FCC earlier in October, rumored to be