IBM Enterprise Hardware: 10 High And Low Points

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IBM Says It Will Sell Its X86 Business To Lenovo

On Jan. 23, 2014, IBM made it official and announced Lenovo will acquire its x86 server business for approximately $2.3 billion.

The definitive agreement negotiated between the two companies covers IBM's 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.

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