IBM's x86 Server Business: Divestiture Redux
This is not the first time IBM has looked to sell its server business.
CRN last April first reported that IBM was actively negotiating to sell its x86 server hardware business, and Lenovo was the top candidate to buy it.
Lenovo later that month confirmed it was in talks to purchase a server business but declined to discuss who the seller was.
IBM at that time also mentioned during a meeting with financial analysts that it had plans to divest itself of poorly performing businesses.
However, by July, IBM said a large "divestiture project" was on hold, thereby squelching talks about a deal with Lenovo for the time being.