Lenovo and IBM complete transaction in Middle East
Companies announce successful closure of x86 server business deal
Lenovo and IBM have today announced the completion the integration of IBM's x86 server business in Middle East and Africa.
The x86 employees and business operations have been moved to Lenovo Middle East and Africa effective 1st January 2015. The move comes three months after the initial closing for the acquisition at worldwide level on 1st October 2014.
"We are glad to formally welcome IBM x86 team now joining Lenovo MEA. Our priorities are to deliver a seamless transition for customers and partners, while we accelerate our server business. We have big plans for the enterprise market and aim to repeat the success we had in PCs", said Oliver Ebel, vice president and general manager, Lenovo MEA.
Lenovo is acquiring IBM's x86 server business intact and said in a statement that it is committed to following the IBM x86 product roadmap, including Flex and x86-based PureFlex integrated systems.
IBM will continue to provide maintenance delivery on Lenovo's behalf for an extended period of time, so customers will experience a seamless transition with no change in their maintenance support.
Lenovo and IBM have also established a strategic alliance where Lenovo will serve as an Original Equipment Manufacturer (OEM) to IBM and resell selected products from IBM's industry-leading storage and software portfolio. This strategic alliance means Lenovo can now offer these products as part of a more comprehensive enterprise IT solution.