Lenovo announces its plans to work with EMC
Lenovo Group Ltd. (992), the world’s second-biggest personal-computer maker, agreed to ally with EMC Corp. (EMC) to help boost sales of storage equipment and servers that run corporate networks.
As part of the deal, Lenovo will resell machines made by EMC, the biggest maker of storage devices, Peter Hortensius, head of Lenovo’s product group, said in an interview. The sales will start in China then move abroad, he said.
The agreements, announced in Beijing today, help Hopkinton, Massachusetts-based EMC widen its foothold in China, the world’s second-largest economy. Lenovo gets to expand in products besides personal computers and add sales outside Asia.
It will be interesting to see what further announcements we will see from this agreement, certainly Lenovo should gain inroads into corporate customers in developed economies and EMC should realize new markets and opportunities in China, I look forward to seeing what technologies and innovations we see going forward.
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