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

Office365 becomes Personal

Microsoft has announced the local availability of its latest business productivity software offering, namely Office 365 Personal.   Read More

CA Technologies launches industry's first management cloud for mobility

CA Southern Africa has revealed that CA Technologies has launched the industry’s first, comprehensive Management Cloud for Mobility.  Read More

Samsung expands wearable line with Samsung Gear Fit

The Samsung Gear Fit, the industry’s first curved Super AMOLED wearable device has been unveiled in Ghana by at the official media launch of the Samsung Galaxy S5.  Read More

Azanuru launches new cloud solutions

Azanuru has launched two new cloud solutions aimed at expanding the cloud options for businesses in Kenya. Read More

Nomanini expands Southern African operations

Nomanini has announced the expansion of its Southern African operations after securing a partnership with a distributor of mobile prepaid in Mozambique.  Read More

Vodafone Egypt selects OpenCloud

OpenCloud has announced that it has been chosen by Vodafone Egypt to provide its Rhino service-layer to enable delivery of new services. Read More

SAP offers new, free online classes

SAP offers new, free online classes on SAP® Business Suite powered by SAP HANA®  Read More

Axis upgrades top-of-the-line pan/tilt/zoom AXIS Q60 series

Axis Communications has upgraded its entire top-of-the-line AXIS Q60 PTZ Dome Network Camera Series for improved image quality, light sensitivity and enhanced capacity for intelligent video.  Read More

ARM, NetClean fight child exploitation

ARM, the distributor of NetClean for Sub-Saharan Africa, has partnered with NetClean to combat online child exploitation. Read More

Relive the Moment with Samsung Galaxy S5

Samsung's Galaxy S5 enables the user to seize every moment with extreme clarity and to relive in full detail. Read More

PRESS OFFICES

Sage ERP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN Business

FEATURED STORY

Kenyan shift to Green Economy would generate USD 45bn by 2030 Kenyan shift to Green Economy would generate USD 45bn by 2030

Kenya’s transition to a green economy could produce major economic benefits  equivalent to an estimated USD 45 billion by 2030, a new  study shows.

IN DEPTH

E-waste threatens Ghana’s beachesE-waste threatens Ghana’s beaches

Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.

COMPANY NEWS

Further African expansion for Phoenix

Phoenix Distribution, a leading broad-based distributor on the African continent, has expanded its office in Nairobi, Kenya, in a move to better serve its partners in East ...