Posted Jan. 29, 2014 at 6:41 a.m.

Premium Lock Sources: Lenovo to pay IBM up to $200M if server deal fails

Published: 2014-01-29 06:41:10
Updated: 2014-01-29 06:41:10

Lenovo's x86 server business operates globally A slide from Lenovo shows the geographical expanse of the x86 server business of IBM which is headquartered in the Triangle.

Lenovo will pay IBM a fee that's more than double the typical size should it fail to acquire IBM's low-end server unit in a deal valued overall at $2.3 billion, people familiar with the matter tell Bloomberg news. Lenovo is gearing up for the deal with a corporate reorganization. Meanwhile, investors are driving up Lenovo shares....

Read More
Read More

WRAL TechWire any time: Twitter, Facebook

Copyright 2017 WRAL TechWire. All rights reserved.
Editor's Blog

Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read more articles…

Please Log In to add a comment.

Latest for Insiders