The IBM/Lenovo deal was approved today. The linked post provides some background, but the one sentence version is that three House Chairmen asked the Committee on Foreign Investment in the United States (CFIUS) to review whether the sale of IBM’s PC division to Lenovo, a Chinese company, would be detrimental to national security. CFIUS’s answer—no—isn’t really a surprise; most people expected the sale to be approved. I talked to Rep. Manzullo’s press secretary a few minutes ago (Manzullo was one of the three Chairmen who requested the extended review), and he said that his boss hasn’t been briefed on the review yet. IBM exec Steven Ward seems like he has, though. Ward, who will be the CEO of the new company, stressed that IBM and Lenovo went to great lengths to satisfy every concern CFIUS had, and expects the deal to be finalized by the end of Q2. Since the last IBM/Lenovo thread sparked a conversation about outsourcing R&D I thought I would post here as well the news that Lucent is closing two R&D facilities in the states and moving the jobs to India. Related content brandpost Who’s paying your data integration tax? Reducing your data integration tax will get you one step closer to value—let’s start today. By Sandrine Ghosh Jun 05, 2023 4 mins Data Management feature 13 essential skills for accelerating digital transformation IT leaders too often find themselves behind on business-critical transformation efforts due to gaps in the technical, leadership, and business skills necessary to execute and drive change. By Stephanie Overby Jun 05, 2023 12 mins Digital Transformation IT Skills tip 3 things CIOs must do now to accurately hit net-zero targets More than a third of the world’s largest companies are making their net-zero targets public, yet nearly all will fail to hit them if they don’t double the pace of emissions reduction by 2030. This puts leading executives, CIOs in particul By Diana Bersohn and Mauricio Bermudez-Neubauer Jun 05, 2023 5 mins CIO Accenture Emerging Technology case study Merck Life Sciences banks on RPA to streamline regulatory compliance Automated bots assisted in compliance, thereby enabling the company to increase revenue and save precious human hours, freeing up staff for higher-level tasks. By Yashvendra Singh Jun 05, 2023 5 mins Digital Transformation Robotic Process Automation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe