IBM in Talks to Sell Part of Its Server Business

International Business Machines Corp. is in advanced discussions with Lenovo Group Ltd. to sell part its computer server business, said people familiar with the matter.

At issue is IBM’s business selling so-called x86 servers, the low-price workhorses of many corporate and cloud-based data centers. An exact sale price isn’t known, but one of the people said the deal could be worth billions of dollars.

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