According to 451 Research, 51 percent of x86 servers were virtualized by 2013. This industry milestone happened eight years after the first IBM System x server supported virtualization.

Chinese technology company Lenovo is paying $2.3 billion for IBM's low-end server business; IBM says the divestiture and funds will help it innovate other areas of its business, like cloud computing.

IBM, which sold its PC and ThinkPad notebook business to Lenovo nine years ago, has now agreed to sell its x86 server business to the Chinese computer giant in a $2.3 billion blockbuster deal.

Lenovo will pay IBM around $1.8 billion in cash and around $280 million in stock. The transition of the x86 server business will start Wednesday in most major markets, Lenovo said.

Lenovo has agreed to acquire IBM's low-end server business for $2.3bn in a move that will see 7,500 Big Blue staff move to the Chinese company.

After reports earlier this week that IBM was again shopping its x86 server unit around— including talks with Dell —Lenovo executives announced that they had reached an agreement with IBM to ...

Two legacy IBM System x server models, retired in 2019, are open to attack and will not receive security patches, according to hardware maker Lenovo. However, the company is offering workaround ...

IBM's bid to sell its low-end server business to Lenovo is in limbo as regulators worry about national security issues. Written by Charlie Osborne, Contributing Writer June 26, 2014, 1:25 a.m. PT ...

IBM will introduce a new chassis for its blade servers in 2006, boosting its networking features and flexibility, said the new leader of the company's blade group on Thursday.

If IBM and Lenovo gain government approval for IBM to sell its x86-based server business to Lenovo, the reverberations in the server and storage industry will be felt worldwide.