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Why Lenovo paid $2.3 billion for IBM's low-end server unit

FORTUNE -- In this game of chicken, it looks like IBM blinked. The Armonk, N.Y.-based technology company (IBM) has wanted to unload its low-end, x86 server business for some time. Early last year, it conducted serious negotiations with the most likely buyer, Lenovo, the Beijing-based company ... Read More...

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