IBM Enterprise Hardware: 10 High And Low Points

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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