Cardiac arrest: Lenovo completes IBM server Moto Mobile acquisition at the end of the year

Source: Internet
Author: User
Keywords IBM Lenovo acquisitions

Foreign media sources said at the end of June that Lenovo's acquisition of IBM x86 server business case is likely because the U.S. government on the basis of national security issues to investigate the case, the acquisition will be stalled. But in a few days, Yang said at an annual shareholder meeting in Hong Kong that Lenovo was confident that it would complete acquisitions of IBM x86 servers and Moto smartphone business this year, providing a boost to corporate users and capital markets.

Yang said two deals are still awaiting approval from Governments, at present, the schedule has not changed, but the details are not disclosed; He said that many local governments in the United States are Group customers, the company in both China and America have not had a security problem, I believe that in the future will not be related to safety issues, And the company's policy is transparent, confident that the end of the year can complete the IBM and Motorola Mobile business acquisition projects.

Lenovo, which spent $2.3 billion a 10246.html to buy IBM's X86 low-end server business earlier this year and spend about 2.9 billion dollars on Motorola's mobile business from Google, has been wary of the US government, especially low-end server business, The U.S. communications network and data centers that support the Pentagon's computer network use X86 servers.

In addition, Yang said that the company is studying wearable smart products, believe that next December will be a new product debut, the company last year to strengthen mobile internet sales to achieve good results, the group will continue through 3 sales models, including telecommunications operators, retailers, and internet sales, At the same time, the target from the low-end market to the high-end market.

Summary:

For governments and companies, Lenovo's alliance with IBM's x86 servers could be a boon, with IBM able to clear Low-margin assets, focus on high profit growth, and get technology and expertise from it. Besides, prism door is not a problem in China, what is the face of the United States Government to say national security?

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