Lenovo Buying IBM Server Business For $2.3 Billion

Chinese technology company Lenovo is paying $2.3 billion for IBM’s low-end server business; IBM says the divestiture and funds will help it innovate other areas of its business, like cloud computing.

http://www.forbes.com/sites/maggiemcgrath/2014/01/23/lenovo-buying-ibm-server-business-for-2-3-billion/

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