Lenovo to buy IBM’s low-end server unit for $2.3 billion


(Reuters) – Chinese PC maker Lenovo Group Ltd agreed to buy IBM Corp’s low-end server business for $2.3 billion in what is set to be China’s biggest technology deal.

The long-awaited acquisition comes nearly a decade after Lenovo bought IBM’s loss-making ThinkPad business for

Read the complete story: http://www.reuters.com/article/2014/01/23/us-ibm-server-lenovo-idUSBREA0M01U20140123