Lenovo, the world’s second-largest PC vendor by shipments, has taken its first step into the fast-growing server and storage market through a deal with EMC, a leading US-listed enterprise storage company.
Lenovo will resell EMC-networked storage products, make servers supported by EMC technology and acquire the enterprise storage-related assets of Iomega, a company EMC bought for $200m four years ago.
The deal marks the Chinese group’s latest challenge to Hewlett-Packardand Dell, which have seen the server and storage business as a means by which they can stay ahead of Asian rivals, which are leading the PC industry.
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