Lenovo and IBM Complete Initial Closing for System x Deal
The sale of IBM’s System x to Lenovo is certainly interesting from technological and business perspectives but the larger point of the deal is in the way it will act to transform both companies. The pair’s individual goals have been clear for some time; for IBM to reinvigorate itself as the IT infrastructure vendor of choice for enterprises worldwide, and for Lenovo to achieve its ambitions as the leading global provider of end-to-end IT solutions for businesses of every sort.
Considered this way, the announced completion of initial closing on the sale may punctuate the end of this effort by Lenovo and IBM but it also signals the beginning of new journeys, adventures and destinations for both organizations.
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NOTE: This column was originally published in the Pund-IT Review.