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The deal could help IBM, which sells traditional data center hardware, improve its positioning between companies that still run applications in their own facilities.
HP, IBM, Dell, and Cisco, "Dharmesh Thakker, a partner at Battery Ventures," said CNBC in an interview. interview. "IBM is hoping that by having a key asset as part of the mix, they can portray themselves as the best of the bunch."
There's a lot at stake for IBM in the latest mega-deal. Plenty of big tech acquisitions have failed, notably Hewlett-Packard's $ 25 billion acquisition of Compaq, Microsoft's $ 7.2 billion purchase of Nokia's Devices and Business Services and Google's $ 12.5 billion deal for Motorola Mobility.
As Cantor Fitzgerald analysts wrote in a report on Monday, "The success of the deal will depend on its execution on the cross-selling / integration side."
– CNBC's Ari Levy contributed to this report.
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