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Lenovo set to close $2.1 billion deal for IBM’s x86 server division

Lenovo Group Ltd. has announced the final stage of its $2.1bn acquisition of IBM’s x86 server division, which will fall into the portfolio of the Beijing-based tech manufacturer on Wednesday October 1st. The deal has gone through $200,000 lower than originally estimated in January due to fluctuations in inventory valuation and deferred revenue liability, with $1.8bn… Read More