The fair trade regulator said post-deal, IBM would continue to provide maintenance services for the x86 server business on Lenovo's behalf for a limited transitional period to ensure continuity and smooth transition.

In January, Lenovo and IBM entered into a definitive agreement wherein Lenovo would acquire IBM x86 server business for approximately $2.3 billion, of which $2 billion will be paid in cash and the balance in Lenovo stock.

Lenovo, a company incorporated in Hong Kong, is engaged in the business of personal computers, tablets, smartphones, servers and storage and is present in India through its subsidiary, Lenovo (India) Private Ltd.

IBM is a multinational technology major which manufactures and markets information technology related hardware, software services.

Lenovo had filed a notice seeking CCI approval on February 24 following which the regulator had asked the company to remove certain defects and provide information/documents by March 7, 2014. After seeking extension of time, Lenovo had filed its reply on March 10, 2014.

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