Updated Jan. 23, 2014 at 2:10 p.m.

Premium Lock Execs: Lenovo-IBM server deal affects some 2,000 IBMers in RTP

Published: 2014-01-23 06:26:00
Updated: 2014-01-23 14:10:28

Lenovo's PC PLus strategy Lenovo's PC PLus strategy Image 1 of 2 · Next Image…

In the second major deal between Lenovo and IBM, the world's No. 1 PC manufacturer is buying Big Blue's low-end server business for $2.3 billion. Some 7,500 IBM workers are affected by the sale. In a conference call, IBM and Lenovo executives said that the deal will double Lenovo's head count in the Triangle to more than 4,000. Senior IBM executives involved in the server group also will be joining Lenovo....

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