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
ThinkPad L series ThinkPad L series The ThinkPad L-series laptops from Lenovo were designed with the theme of "green". The first laptops in the series were described by Lenovo as being the environmentally friendliest products in the ThinkPad range. Key features that contributed to the eco-friendly tag were the use of recycled material for packaging and post-consumer recycled content (such as office water jugs and used IT equipment). The predecessor of the ThinkPad L series was the ThinkPad A series, conceived as a desktop replacement. The ThinkPad A series was discontinued in favor of two product lines, the ThinkPad R series and the