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Lenovo in talks to buy IBM server business - report

2014-01-21 08:33:00| Telecompaper Headlines

(Telecompaper) Lenovo announced that it's in preliminary negotiations on a potential acquisition. While the company did not provide further details, the statement follows reports Lenovo's in talks to acquire IBM's server business. The two companies held talks almost a year ago on a similar deal, but could not reach agreement on price, the Wall Street Journal reported. IBM is looking to exit the low-margin server business in order to concentrate more on software and services. For Lenovo, the takeover would provide a substantial boost to its minor position in the server market and provide a new growth area to offset the weakness in the PC market.

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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.

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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

 

IBM Revives Effort to Sell Low-End Server Business - Sources

2014-01-20 09:26:10| Electronics - Topix.net

IBM Revives Effort to Sell Low-End Server Business - Sources - Revives An Effort That Came Close To Yielding A Deal Last Year - International Business Machines Corp. is exploring a sale of its low-end server business, according to people familiar with the matter, reviving an effort that came close to yielding a deal last year.

Tags: business sell server sources

 

IBM Revives Effort to Sell Low-End Server Business

2014-01-20 02:24:35| Semiconductors - Topix.net

International Business Machines Corp. is exploring a sale of its low-end server business, according to people familiar with the matter, reviving an effort that came close to yielding a deal last year.

Tags: business sell server effort

 

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