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

Terra launches Pulse to improve remittance reporting

Terra, a mobile-first international payment network, incubated by Mahindra Comviva, has announced the launch of Terra Pulse to help financial authorities and regulators accurately measure mobile-powered international remittances. Read More

Nebula achieves Microsoft Gold Certified Partner status for high performance telecoms management so

Microsoft has renewed and extended the Gold Certified Partner status awarded to Nebula for the company’s next generation telecommunications management platform, OneView.   Read More

Travelport launches state of the art customer Helpdesk in Kenya

Kenya’s travel and tourism industry receives a boost as travel technology leader launches new service at an official event welcomed by the County Executive for Finance, County Government of Nairobi and attended by the CEO and Vice Chair of the Kenya Association of Travel Agents. Read More

Take advantage of elearning to meet your BI skills development goals

In partnership with elearningCurve, Master Data Management offers various technology independent courses to deliver critical missing BI and analytics skills.   Read More

Phoenix Distribution wins Kaspersky East Africa distribution rights

Phoenix Distribution, Africa’s leading broad based distributor of software, has won the distribution rights to security giant Kaspersky Lab’s full range of security solutions in the East Africa region. Read More

Case study: How Google Cloud Platform powers Nomanini’s payments platform

Google has commended South African-based enterprise payments platform provider, Nomanini, for its role in modernising informal markets using Google products. Read More

Eutelsat partners with Camusat to deliver turnkey solutions to mobile operators

Eutelsat Communications, one of the world's leading satellite operators, and Camusat, a market leader in implementing telecom infrastructures, have entered into a partnership agreement that will enhance turnkey connectivity solutions for mobile operators in Sub-Saharan Africa. Read More

World Panel inks deal with Vodacom for mobile electricity solution

World Panel Inc. has showcased its latest products at AfricaCom and announced a deal with Vodacom as a key retail partner to sell its new SunStream in select stores. Read More

AMOTEL appoints WTL as its first supplier for GSM and Data Networks in rural Tanzania

World Telecom Labs (WTL) today announced that it has been appointed by AMOTEL to bring voice and data to remote rural villages close to Lake Tanganyika in the Katavi Region.  Read More

CA Southern Africa Road Show brings Digital Transformation in the Application Economy to Nigeria

The CA Southern Africa roadshow, which successfully launched in Kenya and Botswana, arrived in Lagos, Nigeria on November 3, where it showcased products and solutions that fuel digital transformation. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks Unlimited

FEATURED STORY

Viber Spreads Good Vibes in Africa with the introduction of public chats Viber Spreads Good Vibes in Africa with the introduction of public chats

Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. 

IN DEPTH

Poised for greater heights – Roshi Motman, AfricaCom CEO of the Year WinnerPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner

Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.