History of personal computers first common in high end systems, servers and workstations, and then gradually replaced 32-bit processors in consumer desktop and laptop systems since about 2005. In 2004, IBM announced the proposed sale of its PC business to Chinese computer maker Lenovo Group, which is partially owned by the Chinese government, for US$650 million in cash and $600 million US in Lenovo stock. The deal was approved by the Committee on Foreign Investment in the United States in March 2005, and completed in May 2005. IBM will have a 19% stake in Lenovo, which will move its headquarters to New York State
Virtual Computer would manage one. Virtual Computer was founded in November 2007 by the founder of Virtual Iron, Alex Vasilevsky, and the former co-founder and General Manager of Guardent, Dan McCall. The company was backed by investors including Highland Capital Partners and Flybridge Capital Partners. Virtual Computer has received over $20 million in funding from Highland Capital Partners, Flybridge Capital, and Citrix. In March 2011, Virtual Computer announced its collaboration with Lenovo to optimize Virtual Computer’s NxTop client virtualization and management solution on Lenovo's business-oriented systems. These include select models of Lenovo's ThinkCentre A and M series desktops and ThinkPad T and