Saturday, March 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG's Mobile Payment Service Coming Soon
Samsung Backs Away From Restructuring Plan, Gears Up For Galaxy S8 Release
Microsoft Delivers Telemetry-free Windows 10 To China
Samsung Plans To Release New Curved TVs
ASUS STRIX GD30 Gaming Desktop Released
New Alcatel A30 and Moto G5 Plus Available On Amazon
CIA Used Sophisticated Hack Techniques To Apple Devices: WikiLeaks
Samsung Adds 4G LTE Capability to Gear S3 Classic
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.


Previous
Next
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
MWC: Lenovo Showcases The Detachable Miix 320, New Yoga 720 and 520 Convertibles And The Tab 4 Series
New Budget-friendly Moto G5 and G5 Plus Come With Metal Designs
Lenovo 3Q Profit Fell On Weak Macroeconomic Environment
Lenovo Announces New Low Temperature Solder PC Manufacturing Process
Lenovo Showcases New Products and a VR-ready Mobile WorkstationAt SOLIDWORKS World 2017
New Lenovo Yoga A12 Android Tablet Offers Productivity At A Good Price
Lenovo at CES 2017
Lenovo Updates The ThinkPad Lineup, Adds Kaby Lake Chips, Optane Memory
Moto Z and Moto Z Force Are Now Google Daydream-Ready
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .