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Lenovo, EMC Create LenovoEMC JV

[Techtaffy Newsdesk]

Lenovo and EMC have completed the formation of  LenovoEMC Ltd, a joint venture with a strategic partnership in servers and networked storage solutions.

Incorporating the core assets of EMC’s Iomega business, the new JV will bring co-branded network attached storage (NAS) solutions to distributed enterprise, remote branches, and small and medium businesses.

In addition to the JV, the global strategic partnership between Lenovo and EMC  also encompasses an x86 server technology development program, as well as an OEM and reseller relationship for EMC’s storage solutions.

Both EMC and Lenovo are shareholders of LenovoEMC Ltd, with Lenovo holding the majority interest.

Upload: 02-10-13

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