Chinese language laptop big Lenovo is about to announce the acquisition of veteran Israeli enterprise storage startup Infinidat, which was based by Moshe Yanai and among the many senior managers is CPO Shahar Bar-Or.
This will likely be Lenovo’s first main acquisition in Israel and the Chinese language firm plans making it into its Israel growth middle, specializing in knowledge administration for big organizations.
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Market sources estimate that Lenovo pays a whole lot of hundreds of thousands of {dollars} for Infinidat, which has estimated annual income of $200-300 million from the sale of servers and server administration techniques. The corporate has been worthwhile when it comes to EBITDA for the previous 4 years.
Printed by Globes, Israel enterprise information – en.globes.co.il – on January 16, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
