IBM SYSTEM X SERVER BUSINESS TRANSACTION
On January 23, 2014, Lenovo agreed to acquire IBM's System X server business and associated assets for $2.3 billion.
This webpage provides a range of background and information about the transaction, and will be updated on a regular basis.
Lenovo Statement on US Government Clearance of IBM x86 Acquisition - August 15, 2014 Lenovo can confirm reports that CFIUS has cleared its transaction to acquire IBM's x86 server business and the companies have completed the regulatory process in the United States. As we have stated consistently for both the x86 and Motorola Mobility acquisitions, we continue to work through a number of regulatory and business processes to ensure an effective and timely closure on both deals. We remain on track to close both deals by the end of the year. Out of respect for the confidentiality of the process, we will not have any further comment until we have met all conditions for closure.
Lenovo Statement - July 23, 2014 We can confirm the information MOFCOM website is accurate. We are pleased with our progress as we continue to work through the necessary regulatory clearances.