What Does the New EMC and Lenovo Partnership Mean?

The past several weeks have been busy with various merger, acquisitions and collaborating activity in the IT and data storage world. Summer time often brings new relationships and even summer marriages. The most recent is EMC and Lenovo announcing a new partnership that includes OEM sourcing of technology, market expansion and other initiatives. Hmm, does anybody remember who EMCs former desktop and server partner was, or who put Lenovo out for adoption several years ago?
Here is the press release from EMC and Lenovo that you can read yourself vs. me simply paraphrasing it:

read more