Tag Archives: IBM Lenovo transaction

International Business Machines Corp. said that it had received notice from the Committee on Foreign Investment in the United States (CFIUS) that the organization allows IBM to sell its x86 server business unit to Lenovo Group. The decision to sell-off x86 server business was criticized by multiple analysts, but it …

International Business Machines Corp. is expected to accomplish two important transactions this year: it is projected to complete sale of its x86 server division to Lenovo Group and it is rumoured that the company will also agree to sell its semiconductor manufacturing business to GlobalFoundries. However, the U.S. regulators may …