Chinas Lenovo Group Ltd | DataProtectionCenter.com

Lenovo to buy IBM’s low-end server unit for $2.3 billion

24

Jan

2014

Chinese PC maker Lenovo Group Ltd has agreed to buy International Business Machine Corps low-end server business for $2.3 billion in what would be Chinas biggest technology deal. The long-expected acquisition comes nearly a decade after Lenovo bought IBMs money-losing ThinkPad business for $1.75 billion, eventually becoming the world leader in personal computers in 2012. […]

Category CA Technologies Tech Written by Yahoo 0 Comments

China’s Lenovo to Buy IBM’s Low-end Server Business for $2.3 Billion

23

Jan

2014

HONG KONG – Chinese computer giant Lenovo will buy IBM’s low-end server business for $2.3 billion, it said Thursday, giving it a platform to compete in that sector with US giants Dell and Hewlett-Packard. IBM will receive $2.07 billion in cash and the rest in shares for the x86 business, Lenovo said, in a deal […]

Category Security Written by SecurityWeek 0 Comments

Lenovo buys part of IBM server business for $2.3B

23

Jan

2014

BEIJING (AP) — China’s Lenovo Group is buying part of IBM’s server business for $2.3 billion, adding to a product line-up dominated by personal computers and smartphones.

Category CA Technologies Tech Written by Yahoo 0 Comments

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Lenovo to buy IBM’s low-end server unit for $2.3 billion

China’s Lenovo to Buy IBM’s Low-end Server Business for $2.3 Billion

Lenovo buys part of IBM server business for $2.3B

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