Friday, October 28, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alphabet Reports Strong Sales As Mobile Search and Video Ads Drive Revenue Growth
New Radeon Pro 400 Series Graphics Power 15-inch MacBook Pro
LG ULtrafine 5K/4K Displays Offer Performance and Integration With MacBook And New MacBook Pro
Sony Brings PlayStation Vue To Android TVs
Apple unveils new MacBook Pro Featuring Touch Bar, Ultra-thin Design
Apple unveils new TV app for Apple TV, iPhone and iPad
Uber Lays Out Plans Future of On-Demand Urban Air Transportation
Facebook Offers Halloween-themed Face Filters for Live videos
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
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

Wednesday, August 01, 2012
Lenovo and EMC Team Up in Worldwide Partnership

Lenovo and EMC Corporation today announced a broad partnership that enhances Lenovo's position in industry standard servers and networked storage solutions, while expanding EMC's reach in China and other high-growth markets.

"Today's announcement with industry leader EMC is another solid step in our journey to build on our foundation in PCs and become a leader in the new PC-plus era," said Yuanqing Yang, Lenovo chairman and CEO. "This partnership will help us fully deliver on our PC-plus strategy by giving us strong back-end capabilities and business foundation in servers and storage, in addition to our already strong position in devices. EMC is the perfect partner to help us fully realize the PC-plus opportunity in the long term."

The partnership is leveraging the two leading companies' respective strengths, across three main areas:

First, Lenovo and EMC have formed a server technology development program that will accelerate and extend Lenovo's capabilities in the x86 industry-standard server segment. These servers will be brought to market by Lenovo and embedded into selected EMC storage systems over time.

Second, the companies have forged an OEM and reseller relationship in which Lenovo will provide EMC's networked storage solutions to its customers, initially in China and expanding into other global markets in step with the ongoing development of its server business.

Finally, EMC and Lenovo plan to bring certain assets and resources from EMC's Iomega business into a new joint venture which will provide Network Attached Storage (NAS) systems to small/medium businesses (SMB) and distributed enterprise sites.

In the joint venture, Lenovo will contribute cash, while EMC will contribute certain assets and resources of Iomega. Upon closing, Lenovo will hold a majority interest in the new joint venture.

The joint venture is subject to customary closing procedures including regulatory approvals and is expected to close by the end of 2012.

Journalist's Twitter Account Restored        All News        Google Buys Social Ad Start-up Wildfire
iPad's Chip Designer Joins AMD     PC Parts News      New Intel Celeron Chips Relased

Get RSS feed Easy Print E-Mail this Message

Related News
Fujitsu and Lenovo Confirm Talks Over PC Cooperation
New Lenovo Systems Commercial Desktops and Notebooks Are Featuring 7th Generation AMD PRO Processors
Lenovo to Take Over Fujitsu's PC Business
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Dell and EMC Merger Completed
Lenovo Reveals the Yoga Book, Yoga 910 Convertible Laptop And the Miix 510 Detachable
New Lenovo Virtual Reality-ready IdeaPad Y910 Strikes Hard
New Security Flaw Found in Lenovo PCs
Lenovo to Adopt Movidius VPU Technology for VR Products
Lenovo Reports Full-year loss On Low PC And Motorola Phones
Lenovo Releases The Moto G4, Moto G4 Plus And Moto G Play Smartphones
Lenovo Became Top Notebook Brand in First Quarter

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .