Lenovo, EMC in strategic worldwide partnership
INDUSTRY| Aug. 1, 2012, 9:51 a.m.
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.
MORE INDUSTRY NEWS
Pamoja, the platform of choice for DHLRUBiQ, a Cloud solution that is run on Cloud platform infrastructure from leading Cloud services company Pamoja, has served as the platform of choice to expand DHL’s global back office systems. Preliminary testing has revealed that the project has been successful. Read More
PayPal announces collaboration with PayGate in South AfricaWith the announcement of a partnership between PayPal and local payment service provider PayGate, it is now easier than ever for merchants to accept online payments in South Africa. Read More
World’s first biocompatible and non-toxic technology for antibacterial plasticParx Plastics is launching its first ready to use Saniconcentrates™ for manufacturers in Europe and the US to safely create self-sanitizing products with an antibacterial property of up to 99% within 24 hours. Read More
Gemalto unveils hub service to accelerate mobile payment and other secure servicesGemalto, a world leader in digital security, has introduced its Allynis Trusted Services Hub, a turnkey business service that enables financial institutions, enterprises, transport operators and more generally all digital service providers to benefit from a single connection in order to securely deploy their value-added and mobile payment services across ... Read More
Orange Business Services wins satellite contract with BW OffshoreBW Offshore has signed a 5-year, $12 million contract with Orange Business Service for an end-to-end satellite communication solution for its fleet of highly-specialised oil and gas production vessels. Read More
Q-KON connectivity solution for Africa’s Point of Sale headacheSouth African telecommunications engineering firm Q-KON, has demonstrated the advantages of using the StarLight Satellite Access Service to deliver reliable connectivity for Point-of-Sale applications and to provide support to service providers who need to address issues that hamper connectivity for PoS devices across Africa. Read More
Rapid Response launched with Pamoja Cloud serviceRapid Response, an award winning mobile emergency application, is now available to South African mobile-users, providing a fast link to help at hand when they need it most. Read More
MTN App of the Year: Zapper zaps Best Microsoft app, wins Consumer Choice AwardAlready taking the restaurant business by storm across South Africa, Europe and beyond, secure payment app Zapper has notched up two wins at MTN’s App of the Year competition. Read More
Retailer spend on technology for efficiency and customer satisfaction is upXON Retail Solutions has enjoyed phenomenal success in the past financial year by gaining a 25% revenue growth over the previous year, which demonstrates robust commitment from retailers to improve operational efficiencies and seek improved customer satisfaction. Read More
Mota-Engil Africa uses Integr8 for infrastructure deployment projectIntegr8, an established leading provider of managed ICT services, has completed a complex, enterprise-wide virtual server and storage infrastructure integration project for global multi-disciplinary engineering company Mota-Engil. Read More
FEATURED STORYMFarmer SMS redefines market access for Ugandan farmers
Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.
BEST READ NEWS
IN DEPTHNIG President speaks his mind
Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.
COMPANY NEWSVMware announces general availability of new solutions for building, managing and protecting softwar
VMware has announced the general availability of VMware NSX 6.1, VMware vCenter Site Recovery Manager 5.8, VMware vCloud Suite 5.8, VMware vRealize Operations Insight, VMware vRealize Suite ...