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HP Inc. Message Board

  • blackoutbuzz blackoutbuzz Apr 18, 2013 6:55 PM Flag

    Lenovo set to buy IBM x86 server division

    Threat or opportunity for HPQ? I say opportunity.
    IBM (NYSE:IBM) is in active negotiations to sell its x86 server hardware business, and Lenovo has emerged as the top candidate to buy it, multiple sources with knowledge of the situation told CRN this week.

    Lenovo is currently the only company in negotiations to purchase IBM's x86 server business, according to one high-ranking industry executive tracking the deal, who spoke on condition of anonymity.

    The deal would encompass IBM's System x line, which includes Intel- and AMD-based tower, rack and blade servers. IBM is reportedly seeking $5 billion to $6 billion for its x86 server business, the executive said.

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