Friday, May 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Posts Workaround For Buf That Reboots The iPhone
Research Project Can Interpret, Caption Photos
Fujitsu Develops Virtualization Technology To Secure Web Applications
ASUS Announces 48-core, ARM-powered ThunderX-Based Servers
Apple Buys Maker Of Augmented-reality Software
Acer To Showcase Showcases BYOC Devices, Wearables, All-in-one PCs at Computex 2015
PC Shipments Will Continue to Decline This Despite Windows 10 Release
New Acer Aspire Z Series All-in-One PCs Released
Active Discussions
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
cdrw trouble
 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
Lenovo Outlines Its Vision For Future Connected Devices at Global Tech World Conference
Lenovo Unveils new Budget-friendly Laptops
Lenovo Delivers Solid Fourth Quarter and Full Year Results
MSI Denies Lenovo Buyout Report
Lenovo May Buy MSI Gaming Notebook Business: report
IBM Scientists Achieve Critical Steps to Building First Quantum Computer
Lenovo Launches ThinkCentre Chromebox For Students and Entrepreneurs
IBM Revenue Falls In Q1
IBM Opens Threat Intelligence to Combat Cyber Attacks
IBM Announces Partnerships to Transform Personal Health with Watson and Open Cloud
IBM Sets New Record for Tape Storage
IBM and China Telecom Partner to Accelerate Mobile Enterprise Adoption in China

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 .