Posts Tagged ‘Lenovo’
HP is set to cash in on the ‘instability’ of IBM Corp. and Dell Inc., according to boss Meg Whitman, who hinted her firm has more cost-saving work to do.
IBM believes its SoftLayer hosted server service is the replacement for the x86 server unit it sold to Lenovo. However, Lenovo sees ample opportunity for SMB server sales, believing the acquired business will be a catalyst for channel growth.
IBM may be selling its x86 server unit to Lenovo, but it doesn’t see it or its reseller partners getting out of the server business entirely. Instead, Big Blue believes its SoftLayer cloud services is the replacement product for on-premises servers.
When the sale of its Motorola Mobility handset unit closes, Google will walk away with a nearly 6 percent stake worth $750 million in Lenovo, according to regulatory filings.
While parties are mum, reports are circulating that Sony is talking with Lenovo about a joint-venture to turn over its struggling PC unit to Lenovo. Should a deal happen, Lenovo will secure its position as the world’s largest PC vendor as it diversifies its portfolio.
Lenovo is having a busy week – new product launches, two major acquisitions and a massive reorganization. And this is likely just the beginning, as the company demonstrates its drive and ambition to become a major contender in the global IT channel and market.
According to a new report, the top PC manufacturers will likely reduce desktop and notebook shipments by as much as 9.5 percent in 2014 as consumer demand wanes for conventional hardware.
Lenovo is now a major player in the x86 server market after agreeing to buy IBM’s entry-level server unit for $2.3 billion. The deal catapults the China-based PC maker into a major competitor against Dell and Hewlett-Packard.
Lenovo announces a raft of additions to its One Channel program and sharpens its focus on server, storage and SMB growth.
Chinese vendor Lenovo releases a stock market statement as speculation over a possible deal for IBM’s low-end server arm grows.