Last month, the Chinese signed off a deal with IBM. Based on it, IBM can sell its X86-based server business. The company has finally received the green light from the Committee on Foreign Investment in the U.S., and the sale of IBM's low-end server division to Lenovo will soon be complete. The China-based company is investing 2.3$ billion for the X86-based business. This deal may very well be the … [Read more...]
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