Lenovo Said to Be in Talks to Buy Low-End Server Unit From IBM

Lenovo Said to Be in Talks to Buy Low-End Server Unit From IBM

Matthieu Paley/Bloomberg

“It’s underperforming because of the cost of doing business on IBM’s side,” said Laurence Balter, an analyst at Oracle Investment Research in Fox Island, Washington. “Lenovo probably did the calculations and said, ‘Well, we can make more because IBM’s cost of doing business is so much higher.”