[Beowulf] Lenovo to buy IBM xSeries, Blades, Flex, Pure Flex systems and BNT switches

Douglas Eadline deadline at eadline.org
Thu Jan 23 11:34:07 PST 2014


Hmm, let's see

+  $2.4 Billion for Sale of System X Unit
-  $1.0 Billion invested in Watson Business Unit
-------------------------------------------------
   $1.4 billion profit

I think they are indicating Watson is their way forward.

Of course they could always take their $1.4 Billion and
buy half of a profitless web 2.0 site


--
Doug




> It's finally announced, so assuming the USG doesn't block it on security
> (or
> other) grounds...
>
> http://www.lenovo.com/ww/lenovo/pdf/announcement/E_099220140123a.pdf
>
> # Subject to the terms and conditions of the Master Asset Purchase
> # Agreement, the Company will acquire certain assets (the “Transferred
> # Assets”) which include, among other things, the following assets at
> # the Initial Closing and Subsequent Closings:
> #
> # (a) certain enumerated hardware products (including “System x”,
> #      “BladeCenter”, “Blade”, “Flex System”, “Pure Flex”
> products and
> #      system networking products including “Blade Network Technology”
> #      and certain other related tangible properties);
> # (b) certain intellectual property rights in connection with the
> Business;
> # (c) certain transferred contracts that are related to the Business; and
> # (d) inventory of the Business consisting of System x products, including
> #      the “System x”, “BladeCenter”, “Blade”, “Flex
> System” and “Pure Flex”
> #      products and certain other system networking products including
> #     “Blade Network Technology”.
>
> The company who invented the PC is finally getting out of the PC business
> entirely for US$2.3B..
>
> --
>  Christopher Samuel        Senior Systems Administrator
>  VLSCI - Victorian Life Sciences Computation Initiative
>  Email: samuel at unimelb.edu.au Phone: +61 (0)3 903 55545
>  http://www.vlsci.org.au/      http://twitter.com/vlsci
>
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-- 
Doug

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