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Lenovo to finalize IBM low end server acquisition this week

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We first got wind of Lenovo’s bid for IBMs low-end server division early this year, when the China-based company and the tech giant agreed to a $2.3 billion deal for IBM’s x86 server division. Today,  Reuters  reports that the deal is set to finalize on October 1, although at a slightly lower valuation of $2.1 billion. Lenovo claims that the final purchasing price is lower than that announced at the beginning of the year due to a change in the valuation of inventory and deferred revenue liability. Back in January, it was estimated that the deal would boost Lenovo share to roughly 14% of the global server business, a huge jump from its current 2% share and a major asset for China’s largest PC manufacturer as it looks to target business clients. This is expected to be the second large computing deal between Lenovo and IBM. The first was back in 2005 when Lenovo acquired IBMs PC division, including the ThinkPad and ideaPad series.

HP Launches Low Cost Windows 8 1 Based Stream Laptops and Tablets

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HP on Monday has launched four new Windows 8.1 devices in its Stream portfolio, after launching the Stream 14 notebook earlier this month. The two new HP Stream laptops, the HP Stream 11 and HP Stream 13, start at $199.99 (approximately Rs. 12,300) and $229.99 (approximately Rs. 14,100) respectively. The two new Windows tablets, the HP Steam 7 and HP Stream 8 starts at $99.99 (approximately Rs. 6,100) and $149.99 (approximately Rs. 9,200) respectively. All four devices will be available in November this year. The PC giants Stream family of devices is meant to offer low-cost Windows options, and are part of Microsofts move to counter the Chromebook threat. The HP Stream 11 features an 11.6-inch HD display and HP Stream 13 features a 13.3-inch HD display, with both laptops coming with a touch display option. Both the laptops are powered (via Engadget) by Intel Celeron N2840 SoCs that are coupled with Intel HD Graphics, 2GB of RAM and 32GB ...

IPhone 5s Stocks Said To Be Low Get In The Queue Now If You Want One

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News has surfaced that supplies of the iPhone 5s are considerably lower than past releases. Carriers and Apple stores alike have both reported that there will be fewer phones available than usual. AllThingsD has reported that its sources at carrier level have expressed concerns over phones supplies, with one even going as far to say , “We will have grotesquely unavailable inventory.” According to another report, 70-80 percent of iPhones in stock at Apple stores on Friday will be the iPhone 5C, whilst the silver and gold models of the 5S will be very difficult to come by. The cause of this shortage has not been commented on officially but with Apple releasing two new handsets at once, as well as the impending release of iOS7, it’s not really surprising that there could be less iPhones to go around. Another expantion could be that Apple is just saving the bulk of the iPhones for itself, getting more customers to go directly to them when the handset becomes unavailable ...