Lenovo edges close to IBM server deal

Computer company seeks to beef up profit drivers with $2.1b acquisition

Lenovo Group Ltd said it will close the acquisition of IBM Corp's x86 server division by Wednesday, giving the Chinese tech company another profit driver in the post-personal computer era.

The acquisition is expected to give Lenovo more flexibility in the global enterprise market, something that the world's biggest personal computer maker has been eyeing for a long time.