GREEN LIT: IBM said Friday that US authorities had cleared a US$2.3bil (RM7.25bil) deal allowing China-based Lenovo to take over its server unit after a national security review.
NEW YORK: IBM said Friday that US authorities had cleared a US$2.3bil (RM7.25bil) deal allowing China-based Lenovo to take over its server unit after a national security review.
The Committee on Foreign Investment in the United States (CFIUS), which reviews takeovers which could have national security implications, notified IBM "of the successful conclusion of the committee's review," the company said in a statement.
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