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Lenovo agrees to buy IBM's server business for $2.3 billion

2014-01-23 10:12:41| InfoWorld: Top News

Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for US$2.3 billion, it announced Thursday. The deal encompasses IBM's System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, and PureApplication and PureData appliances.

Tags: business buy server billion

 

Lenovo agrees to buy IBM's server business for $2.3 billion

2014-01-23 10:12:41| InfoWorld: Top News

Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for $2.3 billion, it announced Thursday. The deal encompasses IBM's System x, BladeCenter, and Flex System blade servers and switches; x86-based Flex integrated systems; NeXtScale and iDataPlex servers and associated software; blade networking and maintenance operations. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, and PureApplication and PureData appliances.

Tags: business buy server billion

 
 

Lenovo agrees to buy IBM's server business for $2.3 billion

2014-01-23 09:54:43| InfoWorld: Top News

Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for US$2.3 billion, it announced Thursday. Trading in shares of Lenovo was halted on Thursday morning on the Hong Kong stock exchange ahead of the announcement.[ Get the latest practical info and news with Paul Venezia's The Deep End blog and InfoWorld's Data Center newsletter. ]

Tags: business buy server billion

 

Tennessee Hosts $23 Billion Worth of Active Industrial Projects, an Industrial Info News Alert

2014-01-23 06:00:00| Coatings World Breaking News

Tags: news info active industrial

 

Mitsubishi Motors to Raise Up to $2.5 Billion to Resume Payout

2014-01-22 23:10:06| Grocery - Topix.net

Mitsubishi Motors Corp., the Japanese automaker bailed out by affiliates a decade ago, will get as much as 257.1 billion yen through a share sale as part of a plan to resume dividend payouts.

Tags: to resume raise billion

 

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