Saturday, October 01, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Nintendo NES Classic Edition Launches In Novemer, NX Could be Announced Earlier
Foxconn's Sharp to Invest $570 Million on Flexible OLED Panel Production
Google Apps for Work Become Smarter, Part Of New G Suite
Amazon Offers $2.5 Million to Advance Conversational Artificial Intelligence
Raspberry Pi Upgraded With A Visual Overhaul Called Pixel
E FUN Nextbook Ares 11 2-in-1 Android Tablet Costs Just $179
Micron Opens Fab 10 Singapore NAND Flash Memory Fabrication Facility
Qualcomm in Talks to Buy NXP
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 Brings Fingerprint Authenticated Payments To Laptops
New IBM Linux Servers Feature POWER8 Chips And NVIDIA NVLink Interconnect Technology
Lenovo Reveals the Yoga Book, Yoga 910 Convertible Laptop And the Miix 510 Detachable
New Lenovo Virtual Reality-ready IdeaPad Y910 Strikes Hard
Scientists Imitate the Functionality of Neurons with a Phase-Change Device
IBM's Strategy Seems To Pay Off, Latest Results Show
AT&T and IBM Team to Bring Internet of Things Capabilities to Developers on IBM Cloud
New Security Flaw Found in Lenovo PCs
IBM Scientists Discover New Recycling Process to Convert Old Smartphones and CDs into Non-Toxic Plastics
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

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 .