Lenovo sets sights on server expansion
Computer giant Lenovo is not waiting for an acquisition to become a major player in enterprise servers within three years. Wong Wai-ming, the group's chief financial officer, said yesterday the firm was "on track" to achieve its goal through its partnership with EMC, the US-based storage and cloud computing giant.
Computer giant Lenovo is not waiting for an acquisition to become a major player in enterprise servers within three years.
Wong Wai-ming, the group's chief financial officer, said yesterday the firm was "on track" to achieve its goal through its partnership with EMC, the US-based storage and cloud computing giant.
"The enterprise server market is a strategic area for us to develop," Wong said, adding that EMC was helping Lenovo develop its ability to build so-called x86-standard servers. He said EMC would be the "anchor customer" for the servers.
Lenovo, the world's second-biggest personal computer supplier, has remained silent on reports it was negotiating to buy part of the server business of International Business Machines.
Sources have said talks between Lenovo and IBM hit an impasse when the two sides failed to agree on the valuation of the business, which some reports speculated to be around US$5 billion.
The proposed deal covered the IBM division that makes and sells commodity x86-standard servers, which are the low-cost, general-purpose corporate computers used to run business applications and which serve as the basic hardware inside large storage systems, as well as in data centres.