In a deal that is a win-win for all concerned, Chinese PC maker, Lenovo Group Ltd. will purchase IBM’s low-end, commodity x 86 Server portfolios, related resources and operations for $2.3 billion, which includes $2.07 billion cash with the remainder in stocks. The sale of the IBM x86 servers has been rumored for well over […]
Monthly Archive:
January 2014
Pardon the pun, but there’s nothing elementary about IBM’s newly formed, New York City-based Watson Business Unit (BU). IBM is committing $1 billion and 2,000 employees, as well as its considerable research and development (R&D) talents and marketing muscle to Watson, thus putting the full weight of its global technology and services brand behind the […]