The subsidiary of Lenovo Group has entered into a definitive agreement to acquire Infinidat as part of Lenovo’s growth strategy to bring differentiated technology solutions to market.
This move will also further strengthen Lenovo’s enterprise storage offerings globally, showing the company’s commitment to delivering storage solutions that meet the evolving needs of modern data centres.
The transaction will use the strong R&D capabilities of Infinidat to strategic synergies with the Group’s infrastructure solutions business.
These will include access to enterprise storage products and innovation; expansion of Lenovo’s storage solutions portfolio to cover high-end enterprise storage; and the opportunity to drive sustainable profitable growth of the Group’s storage business.
Greg Huff, Chief Technology Officer, Lenovo Infrastructure Solutions Group, commented: “With the acquisition of Infinidat, we are well-positioned to accelerate innovation and deliver greater value for our customers.”
Phil Bullinger, Chief Executive Officer, Infinidat, said: “We look forward to working with Lenovo to expand the value we provide to enterprise and service provider customers across on-premises and hybrid multi-cloud environments.”
