Lenovo IBM's interest in Lenovo fell below the 5% threshold that mandates public disclosure. IBM's Intel based server lines, including IBM System x and IBM BladeCenter were sold to Lenovo in 2014. Lenovo says it will gain access to more enterprise customers, improve its profit margins, and develop a closer relationship with Intel, the maker of most server processors, through its acquisition of IBM's x86-based server business. On 1 October 2014, Lenovo closed its acquisition of IBM's server division, with the final price put at $2.1 billion. Lenovo said this acquisition came in at a price lower than the previously announced
Virtual Computer would manage one. Virtual Computer was founded in November 2007 by the founder of Virtual Iron, Alex Vasilevsky, and the former co-founder and General Manager of Guardent, Dan McCall. The company was backed by investors including Highland Capital Partners and Flybridge Capital Partners. Virtual Computer has received over $20 million in funding from Highland Capital Partners, Flybridge Capital, and Citrix. In March 2011, Virtual Computer announced its collaboration with Lenovo to optimize Virtual Computer’s NxTop client virtualization and management solution on Lenovo's business-oriented systems. These include select models of Lenovo's ThinkCentre A and M series desktops and ThinkPad T and