IBM to Sell PC Sector to Chinese Firm Lenovo Group said Wednesday it has acquired a majority stake in International Business Machines Corp.'s personal computer business for \$1.25 billion, one of the biggest Chinese overseas acquisitions ever.&lt;br&gt;&lt;FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2" color="#666666"&gt;&lt;B&gt;-Associated Press&lt;/B&gt;&lt;/FONT&gt;