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
Lenovo 3000 Lenovo 3000 Lenovo 3000 was a line of low-priced notebook and desktop computers designed by Lenovo Group targeting small businesses and individuals. It was replaced with the IdeaCentre and IdeaPad brands. The Lenovo 3000 series marked the debut of Lenovo branded products outside of China. First showcased in New York City on 23 February 2006, the line was intended to boost Lenovo's competitiveness internationally against rival brands like Dell and Hewlett-Packard. In addition, the 3000 series gave the company an independent identity: an identity separate from the Thinkpad line that Lenovo acquired in 2005 and defined its Westernised image since