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Updated: 17 min 50 sec ago

Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








Not Just For ThinkPads Anymore: Lenovo Gets OK To Buy IBM Server Line

Sat, 16/08/2014 - 6:09am
IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.








60,000 Oculus Rift DK2 Orders, 20,000+ Units Shipped, New Orders Ship In October

Sat, 16/08/2014 - 3:09am
An anonymous reader writes The much lauded Oculus Rift DK2 is in high demand. Shipping began at the end of July and Oculus says they've already shipped more than 20,000 of their 60,000 orders. The company recently updated their order page to indicate that new units are expected to ship starting in October. The Oculus Rift DK2 is the company's second development kit which offers a number of major improvements over the original kit, called the DK1, which was the result of a successful Kickstarter back in August, 2012. Although the DK2 is intended for developers, the company openly offers the VR headset up for sale to anyone interested for $350. The Oculus Rift DK2s most notable enhancements are a higher resolution display and positional tracking capability as well as a number of other under-the-hood enhancements make the DK2 a huge improvement over its predecessor.

Read more of this story at Slashdot.