In January this year, IBM has agreed with Chinese brand Lenovo to sell the business to produce x86-compatible servers. For IBM's a natural process of getting rid of all activities related to the production. Over the past 10 years, IBM has sold the business, which could bring a total of about $ 16 billion. Revenue per year. But the cost of maintaining the production is so great that the company made the decision to go to work to provide the service. With regard to the transaction for the sale of the younger Chinese server line, it was required to obtain permission from the Committee on Foreign Investment United States (CFIUS, Committee on Foreign Investment in the United States). IBM servers deployed in the Pentagon and in a number of other interesting organizations. Suddenly, the Chinese will have access to some secrets?
On Friday, IBM announced that the office of CFIUS, in spite of the resistance of the individual committee members, gave the green light to sell the server business in the hands of Lenovo. In the past, according to unofficial reports, Lenovo three times in its history, faced with resistance from CFIUS and all three times the question is decided in their favor.
As forecast Lenovo, the transaction is completed before the end of this year. Related Products :
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