Lenovo, EMC in strategic worldwide partnership

INDUSTRY

|
Image: By BiztechAfrica
Lenovo, EMC in strategic worldwide partnership

Lenovo and EMC have announced a broad partnership that enhances Lenovo’s position in industry standard servers and networked storage solutions, while significantly expanding EMC’s reach in China and other key, high-growth markets.  The new partnership is expected to spark innovation and additional R&D in the server and storage markets by maximizing the product development talents and resources at both companies, while driving scale and efficiency in the partners' respective supply chains.

The partnership is a strong strategic fit, leveraging the two leading companies’ respective strengths, across three main areas:

  • First, Lenovo and EMC have formed a server technology development program that will accelerate and extend Lenovo’s capabilities in the x86 industry-standard server segment. These servers will be brought to market by Lenovo and embedded into selected EMC storage systems over time.
  • Second, the companies have forged an OEM and reseller relationship in which Lenovo will provide EMC’s industry-leading networked storage solutions to its customers, initially in China and expanding into other global markets in step with the ongoing development of its server business.
  • Finally, EMC and Lenovo plan to bring certain assets and resources from EMC’s Iomega business into a new joint venture which will provide Network Attached Storage (NAS) systems to small/medium businesses (SMB) and distributed enterprise sites.

“Today’s announcement with industry leader EMC is another solid step in our journey to build on our foundation in PCs and become a leader in the new PC-plus era,” said Yuanqing Yang, Lenovo chairman and CEO. “This partnership will help us fully deliver on our PC-plus strategy by giving us strong back-end capabilities and business foundation in servers and storage, in addition to our already strong position in devices. EMC is the perfect partner to help us fully realize the PC-plus opportunity in the long term.”

Joe Tucci, chairman and CEO of EMC, said: “The relationship with Lenovo represents a powerful opportunity for EMC to significantly expand our presence in China, a vibrant and very important market, and extend it to other parts of the world over time. Lenovo has clearly demonstrated its ability to apply its considerable resources and expertise not only to enter, but to lead major market segments. We’re excited to partner with Lenovo as we focus our combined energies serving a broader range of customers with industry-leading storage and server solutions.”

In the joint venture, Lenovo will contribute cash, while EMC will contribute certain assets and resources of Iomega. Upon closing, Lenovo will hold a majority interest in the new joint venture. During and after the transition from independent operations to the joint venture, customers will experience continuity of service, product delivery and warranty fulfillment.  The joint venture is subject to customary closing procedures including regulatory approvals and is expected to close by the end of 2012.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE INDUSTRY NEWS

RAD to Exhibit the First Customer Edge Distributed NFV Solution and Ecosystem at AfricaCom 2014

RAD has announced that it will be exhibiting the industry’s first dedicated customer-edge Distributed Network Functions Virtualization (D-NFV) solution at AfricaCom 2014.   Read More

BMG selects JDA Cloud solutions

JDA Software Group has announced that Bearing Man Group (BMG), a leading engineering solutions provider in Africa, has selected JDA Cloud for the JDA® Demand, JDA® Fulfillment and JDA® Warehouse Management solutions from the JDA Distribution Centric Supply Chain suite to gain better visibility and insight into regional demand for ... Read More

Softworx launches African growth initiative

EOH Company and Infor Master Partner, Softworx  has launched the Africa Partner Network (Softworx APN) to channel Infor software sales and consulting services throughout Sub-Saharan Africa.   Read More

IBM Announces First Commercial Application of IBM Watson in Africa

IBM and Metropolitan Health have announced the first commercial application of Watson in Africa. IBM's Watson is a groundbreaking computing platform able to interact in natural language.  Read More

ATIO to introduce voice biometrics to their customers through partnership with OneVault

Specialist ICT Services Provider ATIO has announced that they have partnered with voice biometric authentication service provider OneVault to offer innovative voice biometric solutions to their customers. Read More

Samsung revolutionises digital signage

Samsung Electronics South Africa announces the availability of Smart Signage TV, a revolutionary new device designed for small and medium businesses (SMBs) and small office/home office (SOHO) owners.  Read More

averda looks to clean more cities in Africa

averda, a global provider of innovative integrated waste management services, has showcased its new equipment dedicated to serve Casablanca. Read More

CA delivers latest SaaS-based enterprise mobility management with Zero-Day support for iOS 8

CA Southern Africa has confirmed that CA Technologies (NASDAQ: CA) is continuing to transform enterprises into being “Mobile First” with the release of its SaaS-based   Enterprise Mobility Management (EMM) solution suite and providing zero-day support for iOS 8 across mobile device, application, content and email management. Read More

Orange Business Services launches worldwide location services for Machine to Machine SIM cards

The new Machine to Machine (M2M) worldwide geolocation offering from Orange Business Services provides real-time location tracking of corporate assets and equipment anywhere in the world via cellular networks, regardless of the operator. Read More

Solarcentury to build the largest carport solar system in Africa

Solarcentury is to design and construct Africa’s largest solar carport on the uppermost storey of a car park at Garden City Mall, part of the new 32-acre integrated residential, retail park, hotel and office development on Nairobi’s Thika Superhighway.   Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Growing African focus on data securityGrowing African focus on data security

Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.

IN DEPTH

Africa lags on digital migration Africa lags on digital migration

Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.  

COMPANY NEWS

VMware reports third quarter 2014 results

VMware, the global leader in virtualization and cloud infrastructure, today announced Year-over-Year Revenue Growth of 18% to $1.52 Billion in its financial results for the third quarter ...

CNN, MultiChoice name top African Journalist 2014

Kenyan journalist Joseph Mathenge has been awarded the top prize at this year’s CNN MultiChoice African Journalist 2014 Awards Ceremony.