Wednesday, October 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Previews Windows 10
Google Offers Unlimited Cloud Storage To Students
Gionee Announced The World's Thinnest Smartphone
MPEG LA Rolls Out HEVC License
PayPal To Become An Independent Publicly Traded Company in 2015
AMD To Showcase ARM Cortex-A57-Based Hadoop on Opteron Processors
SanDisk Introduces New X300 SSD And Client SSD Upgrade Service For Corporate Environments
TSMC and ARM Announce 16nm FinFET Silicon with 64-bit ARM big.LITTLE Technology
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 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 Set to Close Acquisition of IBM's x86 Server Business
IBM Offers Watson Data Tool To the Mainstream
IBM and Intel Bring New Security Features to the Cloud
Lenovo At IFA 2014
Lenovo Unveils New Lenovo Tablet and Gaming PC at IFA
IBM Tries To Strengthen Its Presence In China With Local Vendor Deal
Lenovo Expands Its ThinkCentre Range with Affordable Desktop PCs
U.S. Regulators Clear Sale Of IBM's Server Business to Lenovo
New IBM Chip Simulates Brain Functions
Lenovo Releases The 6-inch QHD Vibe Z2 Pro
IBM Offered Globalfoundries 1bn Dollars To Take Chip unit: report
IBM Talks With Globalfoundries Stall Over Price: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .