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China's Lenovo nears deal to buy IBM's server unit -source

2014-01-23 04:53:02| Semiconductors - Topix.net

Lenovo Group is close to an agreement to buy International Business Machines Corp's low-end server business, according to two people who are familiar with the matter.

Tags: buy source server unit

 

IBM's low-end server business back in play; Dell, Fujitsu, Lenovo circling

2014-01-22 21:49:15| InfoWorld: Top News

IBM has revived efforts to sell its low-end server business and Dell, Fujitsu and Lenovo are all lining up to take a look, according to reports this week. Lenovo was said to be in talks to buy IBM's commodity hardware division last year, but the discussions apparently broke down over price. IBM is now searching again for a suitor, according to reports in the Wall Street Journal.

Tags: back business play server

 
 

Hardware torpedoes IBM's Q4 revenue

2014-01-22 01:27:08| InfoWorld: Top News

Still hampered by slow hardware sales, IBM reported a 5.5 percent decline in revenue for the fourth quarter, even as it managed to post a 6 percent gain in net income. Because of the sluggish revenue, IBM senior management will forgo their bonuses, or "personal annual incentive payments," for the year, said Ginni Rometty, IBM chairman, president and CEO, in a statement.

Tags: hardware revenue ibms torpedoes

 

Dell interested in IBM's low-end server business - WSJ

2014-01-20 17:40:17| Electronics - Topix.net

International Business Machines Corp is thinking of selling off its low-end server business and Dell Inc may be among potential bidders, the Wall Street Journal reported, citing sources.

Tags: business server interested dell

 

Dell interested in IBM's low-end server business - WSJ

2014-01-20 14:48:27| Semiconductors - Topix.net

International Business Machines Corp is thinking of selling off its low-end server business and Dell Inc may be among potential bidders, the Wall Street Journal reported, citing sources.

Tags: business server interested dell

 

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