Saturday, August 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alienware Brings Liquid Cooling and Dynamic Overclocking to Holiday Lineup
Razer Launches Wildcat Xbox One Controller And Upgraded Nabu Smartband
Workstation Market Shippments Rebound In Q2
Google Will Help You Find Your Plumber
IFA 2015: What We Know So Far
Acer Liquid Z410 And Liquid Jade Z Phones Released
Huawei Honor Phones Coming To Europe
AMD Radeon R9 370X Graphics Card Launched In Asia
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > PC Parts > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 19, 2013
Lenovo in Talks to Buy IBM Server Business


Chinese PC maker is reportedly a bidder for parts of IBM?s server division, according to a report.

Bloomberg today cited a "person familiar with the matter" to report that IBM's servers business may fetch $2.5 billion to $4.5 billion depending on what assets and liabilities are included.

"No material terms concerning the potential acquisition have been agreed and the company has not entered into any definitive agreement," Lenovo said in the statement.

IBM said on the company's earnings call that he wouldn't comment on rumors.

In 2005, Lenovo purchased IBM's PC unit. Under the current circumstances with the PC market to keep declining, the Chinese company is diversifying with new products including tablets and smartphones. Lenovo has already striked a deal with EMC Corp to boost sales of storage equipment and servers. Buying IBM's server business could further help the company expand to the fast-growing low-cost, energy efficient server market.


Previous
Next
Blackstone Withdraws Takeover Bid for Dell        All News        AMD Results Hit By Declining PC market
Asus Ready To Launch Own-brand SSDs     PC Parts News      Samsung To Use Sharp's IGZO Display In New Notebook

Get RSS feed Easy Print E-Mail this Message

Related News
IBM Unveils Linux Mainframe System
Lenovo Reports Profit Drop, Cuts Jobs
Lenovo PCs Installed Stealthy Software During Boot Up
Lenovo ThinkPad P50 and P70 Mobile Workstations Pack New Skylake Xeon Processors
Watson to Gain Ability to See with Acquisition of Merge Healthcare
Lenovo Overtakes Apple To Lead PC Market
IBM Acquires Compose to Expand Cloud Data Services
IBM Revenue Declines
IBM Develops 7nm Processor
IBM and Box Partner to Transform Work in the Cloud
New Lenovo ideacentre Stick 300 Brings Windows To Your Pocket
IBM Maintains Top Position In The List Of U.S. Patents

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .