What are the terms of Lenovo's PC business negotiations with IBM? What are the key trading conditions?

I don't know the details, but the key transaction condition is about the "patent" owned by IBM. As follows:

IBM and Lenovo Group formally signed the Patent Use Right Transfer Agreement, which shows that since then,

Lenovo Group can sell IBM and No.2 X servers all over the world except Chinese mainland and use them.

Lenovo trademark. This agreement is an important strategy in the global growth strategy of IBM STG-system x, that is, in small and medium-sized enterprises.

Seize a higher market share, thus creating more market opportunities for IBM's high-end products, IT services and software.

. It is worth mentioning that IBM and its partners will continue to sell IBM X series products and tools as always.

Chip server.

The following are the main points of the agreement:

The first part:

1. This agreement will help IBM to spread the advanced technology of X server to a broader SME market.

And create more market opportunities for IBM in financial leasing, other products and IT services.

2.IBM will continue to provide all X product specifications-from omni-directional servers to 32-bit high-performance services.

Equipment.

3. We will get rewards from this authorization and related IGS and GTS agreements.

For the revenue from this agreement, IBM will continue to invest in X's technological innovation.

Based on one-way and two-way servers, IBM and Lenovo will provide different IT solutions.

From the customer's point of view, small and medium-sized enterprises, in particular, face more choices, which is conducive to their more suitable choices.

The solutions they need themselves.

The second part:

1.IBM authorizes Lenovo Group to produce and sell 1 and No.2 (including rack+tower) X clothes.

Service equipment, and allow Lenovo to use its own trademark.

2.IBM will continue to design, produce and sell all X products with IBM's own trademarks, including direct sales and

Distribution of partners.

3. This agreement unites the core advantages of IBM and Lenovo Group-IBM's advantage is innovation.

Leading technology; Lenovo's advantage is the market share of small enterprises with less than 500 employees, and this field is exactly what IBM is doing.

The development focus of future opportunity market.

4. This agreement takes effect in all places except Chinese mainland.

5. This protocol includes IGF and GTS.

6. The cooperation with Lenovo is part of IBM STG's five global growth strategies, including:

High market share of IBM blade servers in small and medium-sized enterprises; Strive to create more market opportunities (Web 2.0 era); towards

Customers recommend leading solutions; Effectively use the rapidly developing market opportunities; Promote IBM through this agreement.

Technology of small enterprises.

Through the above agreement, we must be clear:

1.IBM will not quit the X server market;

2.IBM will not quit the X- 1 and X-2 server markets;

3. Lenovo Group will produce servers with Lenovo trademarks, not for IBM;

4. Lenovo has no right to manufacture and sell IBM blade servers and high-end X servers;

5.IBM didn't give Lenovo any authorization about blade server and high-end X server.