The booming business of cloud computing services was one of the few bright spots in IBM's latest quarterly report, growing at a stunning 69 percent year on year in sharp contrast to sluggish sales els ...More
EJ Insight2014-01-24
Lenovo Group Ltd. (00992.HK) has agreed to acquire the low-end server business of International Business Machines Corp. (IBM) for US$2.3 billion, in what is said to be the largest-ever overseas tech a ...More
EJ Insight2014-01-24
Lenovo Group Ltd. (00992.HK) has proposed to acquire the x86 server hardware and related maintenance service business of International Business Machines Corp. (IBM) for US$2.3 billion, the company sai ...More
EJ Insight2014-01-23
Lenovo Group Ltd. (00992.HK) is near an agreement to buy International Business Machines Corp.'s (IBM) low-end server business for about US$2.5 billion as the world's biggest personal computer maker i ...More
EJ Insight2014-01-23
China's Lenovo Group has resumed discussions to buy International Business Machines Corp's low-end server unit, Reuters reported Tuesday, citing a source familiar with the matter. The two companies ha ...More
EJ Insight2014-01-21
... . Amazon, IBM and Microsoft have managed to enter China circuitously by establishing joint-ventures with local partners. Amazon had to cede control of data centers, the core part of the entire cloud c ...More
EJ Insight2013-12-23
IBM Corp. has been sued by a shareholder for allegedly causing its market value to drop more than US$12 billion in the wake of a spying scandal, Reuters reported Thursday. The shareholder accused IBM ...More
EJ Insight2013-12-13
... sident at IBM in five to seven years in China, rather than the 15 years it would take in the United States. “They are really [offering] fast tracks and have invested a lot in executive education, putt ...More
EJ Insight2013-12-11
... sition of IBM's personal computer business, saying the deal could pose a threat to US national security. In July 30 last year, a similar refrain was heard from American congressmen, who sought to bloc ...More
EJ Insight2013-11-21
... nel CNBC, IBM has created a lab which specializes in analyzing big data, and it claims it can figure out a user's personality in 200 tweets. The information is valuable in terms of target marketing. I ...More
EJ Insight2013-11-12
... deal with IBM in 2004, he said. Chinese companies are also fighting M&A battles in Asia against their counterparts from Japan, Singapore and Malaysia. Indonesia is one of the top targets. "While t ...More
EJ Insight2013-11-04