Chinese technology company Lenovo is paying $2.3 billion for IBM's low-end server business; IBM says the divestiture and funds will help it innovate other areas of its business, like cloud computing.

Big Blue will hand over its System x, BladeCenter, and other x86-based server lines to Lenovo. Once the transaction is finalized, Lenovo will instantly become at least as large a server company as ...

It has been a little over three months since Lenovo and IBM agreed to an acquisition of IBM’s x86 (Intel-based) server business. I’ve held back writing on this because I first wanted to talk ...

IBM in 2008 signed an agreement to license its x86 server technology to Lenovo, letting Lenovo build one- and two-processor servers based on IBM's System x server technology.

Lenovo has agreed to acquire IBM's low-end server business for $2.3bn in a move that will see 7,500 Big Blue staff move to the Chinese company.

IBM's sales accounted for 22.9 percent of a $12.6 billion market, with HP at 27.6 percent and Dell at 16.4 percent. IBM's share had dropped 18.9 percentage points from the year-earlier quarter.

Two legacy IBM System x server models, retired in 2019, are open to attack and will not receive security patches, according to hardware maker Lenovo. However, the company is offering workaround ...

IBM begins an overhaul of the lower end of its Unix server line by announcing a system with the Power4 processor and the capability to behave like several independent systems.

BEIJING - China's Lenovo Group is buying part of IBM's server business for $2.3 billion, adding to a product line-up dominated by personal computers and smartphones. Lenovo said Thursday it ...