Announced

Lenovo to acquire Infinidat.

Synopsis

Lenovo, a company specializing in technology and electronics, has agreed to acquire a majority stake in Infinidat, a company focused on high-end enterprise storage solutions. Financial terms were not disclosed. "Infinidat delivers award-winning high-end enterprise storage solutions providing an exceptional customer experience and guaranteed SLAs with unmatched performance, availability, cyber resilience and recovery, and petabyte-scale economics. With Lenovo’s extensive global capabilities, we look forward to expanding the comprehensive value we provide to enterprise and service provider customers across on-premises and hybrid multi-cloud environments," Phil Bullinger, Infinidat CEO.

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