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Server unit volume growth soared 46% from the fourth quarter of last year, the CEO said.
Lenovo bought Motorola and IBM's low-end server unit last year in an attempt to diversify beyond the PC business.
Prudential updated its worldwide server unit and revenue forecast "to better reflect our current thinking for the industry".
"The second quarter delivered many positives, including x64 and x86 server unit volume growth, positive cash flow from operations, and stunning market reviews of Solaris 10 OS.
Now, Lenovo has informed the Hong Kong Stock exchange that it will pay $2.07 billion in cash to IBM for buying its server unit.
A server unit is a combination of different numbers of CPU cores, memory and storage for example, a virtual machine with 2GB memory and 1 CPU core.
Similar(45)
The stock fell 10percentt Aug. 20 after the company reported third- quarter losses in its PC and server units.
Kidron has pertinent points to make about the internet's colossal storage depots and server units, all burning up power: a brutal, industrial reality far from the quaintly conceived "cloud" where we imagine our data floats.
Server Units.
A Flexiscale virtual machine is marketed using server units.
These thin server units are still expensive, ranging from $500 and up.
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