... es of the IBM Systems Technology Co. plant in the southern Chinese city, said in social media posts that IBM's offer of severance pay was not enough for those who opt to leave, while those who want to ...More
EJ Insight2014-03-07
... ility and IBM's low-end server business would drag it into loss in the short term. Meanwhile, CITIC 21CN (00241.HK) plunged over 30 percent at one time before ending 24.1 percent lower for the day aft ...More
EJ Insight2014-02-06
Just before the Lunar New Year holidays, Lenovo Group Ltd. (00992.HK) spent a combined US$5.21 billion to buy the server business of International Business Machines Corp. (IBM) and Motorola Mobility's ...More
EJ Insight2014-02-04
... uisitions—IBM's server business and Motorola -- within a month, total cash payment for the two deals is around US$2.73 billion. One key concern is the financial pressure that could arise due to the ac ...More
EJ Insight2014-02-04
If China's biggest PC maker gets the nod to buy Motorola's handset unit and IBM's low-end server business for a total of US$5.2 billion, it will become the world's 800-pound gorilla of information tec ...More
EJ Insight2014-02-04
... it bought IBM Corp.’s server units for US$2.3 billion. The counter closed 1.2 percent higher, making it the best-performing blue chip of the day. Most of the popular sectors like gaming, software and ...More
EJ Insight2014-01-24
International Business Machines Corp. has agreed to sell its low-end server business to Chinese computer maker Lenovo Group Ltd. but the deal could spark a security review by the United States, the Wa ...More
EJ Insight2014-01-24
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
