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IT

Lenovo to buy IBM x86 server business for USD 2.3 bln

Thursday 23 January 2014 | 10:31 CET | News
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Lenovo confirmed it has entered into a definitive agreement to acquire IBM's x86 server business for USD 2.3 billion. This includes 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. The purchase price includes around USD 2 billion in cash and the remainder in Lenovo stock. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, and PureApplication and PureData appliances. Lenovo already acquired

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Categories: Fixed / IT
Companies: Lenovo
Countries: World
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