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Bits Blog: IBM Happy To Be Rid Of Low-End Server Business

By DMO Affiliate
Lenovo of China, already the worlds largest maker of personal computers, has purchased from IBM one of the worlds largest computer server businesses, for what seems like a rock-bottom price. Lenovo gets market share in an area where it is a small player. IBM is shedding a business that was killing its profitability in higher-margin software and services. What seems something like the proverbial win-win deal is more likely a sign of how fast things are changing in the trillion-dollar global technology industry. Businesses like PCs are losing ground to mobile devices like smartphones, and the once-formidable computer server is increasingly viewed as one more commodity piece of globe-spanning cloud computing projects from a few elite players.
Bits Blog: IBM Happy To Be Rid Of Low-End Server Business

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