A Chinese company – Lenovo, which specializes in manufacturing computers and smart phones, resumes negotiations with IBM about a possible buyout of their budget server unit.
According to Bloomberg, Lenovo has already conducted a due diligence procedure so a bargain might take place anytime in the nearest future. However, there is no information on how much the unit has been estimated for. Last year it was a price issue which became a stumbling block for companies to agree: IBM expected from 2.5 to 4.5 billion dollars for its server business, but Lenovo offered a price below this range.
In the course of the conference Linux 2013 IBM Corporation announced its intention to invest a substantial sum of money in the development of Linux OS and related software with Open Source.
As it is stated, the investment amount is predicted to be $1 billion; all of which will be invested over a 5 year period.
The main objective of the initiative is the optimization and development of Linux, as well as open source products for more efficient use with IBM Power Systems on the Server Platforms.
Within the framework of the project, a new Linux Center has been established in Montpellier, in southern France. There engineers will be able to create and examine software products designed for large-scale computing, mobile and social systems.
In addition, a special Cloud Platform will be formed for engineers, which is based on Server Power. This platform will be able to assist partners and clients of IBM in the implementation of different Linux projects.