Fujitsu in talks to combine PC business with Lenovo

Nieuws IT Japan 6 OCT 2016
Fujitsu in talks to combine PC business with Lenovo
Fujitsu is considering merging its PC business with Lenovo, the world’s biggest PC manufacturer, a source familiar with the matter told news agency Kyodo. Lenovo is likely to invest in the PC business the Japanese electronics maker spun off earlier this year, the source said. If the investment is realized, Lenovo will probably take a majority stake, the source added. 

In Japan, Lenovo already has a joint venture with NEC, called NEC Lenovo Japan Group. The venture ranks top in the Japanese PC market with a nearly 30 percent share, followed by Fujitsu with a share of more than 15 percent. 

Fujitsu is negotiating with Lenovo with the aim of including the integration plan in its new business strategy to be released late this month, the report said. Fujitsu had tried to negotiate a merger with Toshiba’s PC business and Vaio, the spin-off from Sony. However, the talks broke down, and Fujitsu turned to potential overseas partners. 

Fujitsu noted in a statement that it split off its PC business in February and is currently considering various possibilities, including what is being reported, but a decision has not yet been made. The company will announce more details as they arise.

Categories:

IT,  Mobiel

Companies:

Fujitsu,  Lenovo,  NEC,  Sony,  Toshiba

Regions:

Wereld

Countries:

Japan

Tags:

Enterprise equipment, Consumer devices, Corporate strategy, M&A buyouts & divestments, Corporate social responsibility

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