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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Sun., Jul. 5, 6:49 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #32. Lenovo IBM's x86 Server Business

Acquirer: Lenovo (LNVGY)
Acquiree: IBM's x86 Server Business (NYSE:IBM)
Details: Lenovo (HKSE: 992) (ADR: LNVGY) and IBM (NYSE:IBM) have entered into a definitive agreement in which Lenovo plans to acquire IBM's x86 server business. This includes System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. The purchase price is approximately US$2.3 billion, approximately two billion of which will be paid in cash and the balance in Lenovo stock.



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Company Name: 
International Business Machines Corp
Stock buyback: 
IBM buyback
Website: 
www.ibm.com
Sector: 
Information Technology Services
Number of ETFs Holding IBM: 
135
Total Market Value Held by ETFs: 
$12.76B
Total Market Capitalization: 
$105.25B
% of Market Cap. Held by ETFs: 
12.13%
 

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Quotes delayed 20 minutes



Buy (2.67 out of 4)
24th percentile
(ranked lower than approx. 76% of all stocks covered)
Based on Zacks ABR data;
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