Sunday, June 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Says Scorpio System will Not Offer Higher Frame Rates With Xbox One Games
China to Regulate Search Results Ads
HTC Apologizes For Poor Results, Pins Hopes On VR
MediaTek To Invest $6.15 billion on 5G Communication Technologies
EU, United States Strengthen Data Transfer Pact
BitTorrent Now Music And Video App Launched
Qualcomm Files Complaint Against Meizu
3-D pens And Moldable Earbuds Appear At CE Week Gadget Show
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

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 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
IBM Watson Will Be Trained To Tackle Cybercrime
Lenovo Became Top Notebook Brand in First Quarter
IBM and SK Holdings C&C Alliance Brings Watson To South Korea
IBM Makes Quantum Computing Available on IBM Cloud
OpenPOWER Foundation Reveals New Servers
Lenovo Tranforms To Focus On Enterprise, Mobility, And PC
Lenovo and Juniper Networks Partner On The Development of Data Center Solutions
IBM, VMWare, To Accelerate Enterprise Hybrid Cloud Adoption
Lenovo Launches New Windows 10 Tablet, YOGA Laptops, And TAB3 Mobile Devices

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 .