Fujitsu to combine PC business with Lenovo

Thursday 2 November 2017 | 08:30 CET | News
Fujitsu has agreed to sell its PC business in Japan to Lenovo and form a new joint venture. Fujitsu will receive JPY 28 billion for a 56 percent stake in its operations and retain 44 percent going forward. The Development Bank of Japan will contribute JPY 2.5 billion of the purchase price and hold a 5 percent stake in the new venture. 

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Categories: IT / Mobile & Wireless
Companies: Fujitsu / Lenovo
Countries: Japan
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