IBM to sell its x86 server division to Lenovo?

Posted on Friday, April 19 2013 @ 14:03 CEST by Thomas De Maesschalck
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The Register heard rumors that iBM is considering to sell all or a portion of its x86 server business to Lenovo.
US channel mag CRN caught wind of something going down between IBM and Lenovo on Thursday and referenced an anonymous source with knowledge of the talks now going on, claiming that Big Blue is looking to sell off its System x business for between $5bn and $6bn.

Another source told CRN that the employees working in IBM's server product engineering facility in Research Triangle Park, North Carolina have been told that they will be Lenovo employees as of June 1.

The Wall Street Journal also quoted an unnamed source saying that some deal was going down to sell the IBM x86 server business to Lenovo.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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