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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared "Last Airbender" another failure for Shyamalan 30 Jun 2010 Singer murdered after denying he was dead 29 Jun 2010 UPDATE 3-Toyota mulling fix for possible engine defect 12:10am EDT House passes landmark financial reform bill | Video 12:53am EDT WRAPUP 1-BP oil spill cleanup work hampered by hurricane 1:13am EDT Rights group files suit over U.S. no-fly list 30 Jun 2010 Amazon launches cheaper Kindle 1:45am EDT Microsoft pulls plug on Kin phones 30 Jun 2010 ANALYSIS - Arrests show U.S.-Russia spies' covert war lives on 29 Jun 2010 UPDATE 3-Medicare looking at Dendreon cancer vaccine 30 Jun 2010 German student attacks Hell's Angels with puppy 15 Jun 2010 Congress backs home tax credit extension 30 Jun 2010 U.S. authorities seize websites over pirated movies 30 Jun 2010 Trapped drunk driver opens another beer as awaits rescue 23 Jun 2010 Wilderness feels impact of the World Cup 29 Jun 2010 Russian spy suspect jumps bail in Cyprus 30 Jun 2010 "Last Airbender" another failure for Shyamalan 30 Jun 2010 UPDATE 1-U.S. Congress backs home tax credit extension 30 Jun 2010 UPDATE 1-IFC invests $120 mln in Egypt refinery project 30 Jun 2010 UPDATE 1-Testosterone gel linked to heart problems 30 Jun 2010 Pictures Tech watch A recent sampling of our best pictures from the world of science and technology. Slideshow IBM buys stake in China's Bright Oceans SHANGHAI Wed Jun 30, 2010 9:49pm EDT Related News Shenzhen Dev Bank to sell shrs to Ping An -paper Wed, Jun 30 2010 China stocks at 14-mth low close as AgBank IPO nears Tue, Jun 29 2010 China stocks slide over 4 pct as AgBank IPO nears Tue, Jun 29 2010 REFILE-AgBank says prices Shanghai IPO at 2.52-2.68 yuan Mon, Jun 28 2010 China AgBank narrows range for Shanghai IPO: sources Mon, Jun 28 2010 SHANGHAI (Reuters) - IBM's China unit has bought a 1 percent strategic stake in Bright Oceans Inter-Telecom Corp, the Chinese maker of computer parts and components said on Thursday. ipad IBM bought the stake from Bright Oceans' parent for 50 million yuan ($7.37 million), according to a statement to the Shanghai Stock Exchange. The share sale would boost Bright Oceans' ability to develop products and promote its offerings in international markets, the company said. ($1=6.78 Yuan) (Reporting by Samuel Shen and Farah Master; Editing by Jonathan Hopfner) ipad Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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