Monday, August 31, 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

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
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
Lenovo Overtakes Apple To Lead PC Market
New Lenovo ideacentre Stick 300 Brings Windows To Your Pocket
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
Lenovo Launches ThinkCentre Chromebox For Students and Entrepreneurs
Lenovo Develops Camera Smartphone Crossover Device

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 .