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