Lenovo reportedly in talks to buy IBM server business


Lenovo (LNVGY, LNVGF) is in talks to buy IBM's low-end x86 server business, and a deal could be signed within weeks, Bloomberg reports.

The two companies were said to be negotiating a deal for the division last year, but no agreement was reached on a price.

Lenovo said today it’s in preliminary discussions on some kind of possible acquisition, but it did not identify the target or seller.

Dell also may be among potential buyers, but it's not clear how seriously it is considering an acquisition.

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Comments (2)
  • samuel_liu
    , contributor
    Comments (2753) | Send Message
     
    Lenovo turned down this offer a few years ago as being "too expensive"
    20 Jan 2014, 10:51 PM Reply Like
  • BlueOkie
    , contributor
    Comments (10259) | Send Message
     
    Lenovo made a go of PC's that IBM sold them. Maybe they'll get another if price is right.
    21 Jan 2014, 10:12 AM Reply Like
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