Lenovo's acquisition of IBM's x86 server business will be complete tomorrow (1 October), offering enterprise customers greater flexibility.
Lenovo will take over IBM's 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.
The 7,500 employees that work within the x86 unit across the globe will also make the move to Lenovo's Enterprise Business Group headed up by ex-IBM executive Adalio Sanchez.
The acquisition will allow Lenovo to spread its reach beyond consumer applications and PCs, where the company has traditionally become known, according to Gerry Smith, executive vice president of Lenovo Group and president of the Enterprise Business Group and Americas Group.
The company's acquisition of Motorola Mobility from Google is also part of these expansion plans, endeavouring to capture every market sector.
Yang Yuanqing, chairman and CEO of Lenovo,added: "With the close of the x86 acquisition, Lenovo will add a world-class business that extends our capabilities in enterprise hardware and services, immediately making us a strong number three in the global server market.
"Now, our priorities are to ensure a smooth integration and deliver a seamless transition for customers. By combining Lenovo's global reach, efficiency and operational excellence with IBM's legendary quality, innovation and service, I am confident that we will have competitive advantages to help us drive profitable growth and build Lenovo into a global enterprise leader."
As previously agreed, IBM will continue to provide maintenance services to existing System X customers to ensure the transition between IBM and Lenovo is seamless.
IBM and Lenovo announced the acquisition in January this year following its purchase of IBM's PC business in 2005.
-
M&S suspends online sales as 'cyber incident' continuesNews Marks & Spencer (M&S) has informed customers that all online and app sales have been suspended as the high street retailer battles a ‘cyber incident’.
-
Manners cost nothing, unless you’re using ChatGPTOpinion Polite users are costing OpenAI millions of dollars each year – but Ps and Qs are a small dent in what ChatGPT could cost the planet
-
IBM puts on a brave face as US government cuts hit 15 contractsNews Despite the cuts, IBM remains upbeat after promising quarterly results
-
Lenovo: Enterprises aren't ready to take advantage of AI productivity gainsNews Survey by Lenovo reveals concerns about AI readiness among tech leaders at their own employers
-
IBM completes HashiCorp acquisition after regulatory approvalNews IBM has completed its $6.4 billion acquisition of cloud automation and security firm HashiCorp,
-
IBM eyes Oracle expertise gains with latest acquisition
News The deal aims to help IBM address the complexities of public sector cloud transformation
-
UK regulator to investigate IBM takeover of HashiCorp
News The CMA is concerned that the merger could affect competition in the cloud services market
-
Channel Focus: All you need to know about IBM's partner programHow Big Blue seeks to go deep, tackling enterprise complexity: A brief guide to the role of partners in IBM's plan to accelerate software and consulting sales.
-
Put AI to work for talent managementWhitepaper Change the way we define jobs and the skills required to support business and employee needs
-
The power of AI & automation: Productivity and agilitywhitepaper To perform at its peak, automation requires incessant data from across the organization and partner ecosystem.
