IBM gets green light to sell x86 servers to Lenovo

IBM gets green light to sell x86 servers to Lenovo   That's it, the deal is done. After months of rumours and uncertainty, the Committee on Foreign Investment in the US (CFIUS) has signed off the sale of IBM's x86 server business to Chinese tech giant Lenovo.The Chinese government had already agreed to the transaction which took place early 2014, but was conditional to the deal being approved by regulatory bodies of both countries - and that has now happened.Lenovo purchased IBM's ailing x86 business for $2.3 billion (about £1.4 billion, AU$2.6 billion) in January this year but the acquisition hit a number of snags. Read more >