A long-awaited deal between IBM and Lenovo, in which Lenovo acquires a chunk of IBM's server business, was announced on Thursday. Lenovo agreed to pay $2.3 billion. That's lower than the rumored price range IBM was hoping to get. Sources had previously leaked that IBM was angling for $2.5 billion to $6 billion. But one interesting tidbit tucked into the announcement was that with this deal, IBM will transfer thousands of employees to Lenovo. The press release says: Approximately 7,500 IBM employ...
A long-awaited deal between IBM and Lenovo, in which Lenovo acquires a chunk of IBM's server business, was announced on Thursday. Lenovo agreed to pay $2.3 billion. That's lower than the rumored price range IBM was hoping to get. Sources had previously leaked that IBM was angling for $2.5 billion to $6 billion. But one interesting tidbit tucked into the announcement was that with this deal, IBM will transfer thousands of employees to Lenovo. The press release says: Approximately 7,500 IBM employ...
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