IBM’s Low-end Server Business Acquired For $2.3 Billion

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Lenovo has finally acquired IBM’s low-end server business, after a deal spanning over a year has finally come to a close. The final acquisition price came to $2.3 billion, making it the largest tech server acquisition by a Chinese company. IBM has been trying to shift its x86 server business for a few years now,

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Dell plans push into tablet PC business next year

Dell enters Cloud Computing and Tablet PC market in 2011 HONG KONG (Reuters) – Dell Inc, the world’s No.2 PC maker, expects to launch a significant number of tablet PC models next year, its chief executive said on Tuesday, drawing the product’s growing popularity since the launch of Apple Inc’s iPad. Speaking at an event

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