Fujitsu has been struggling to keep their PC division afloat for quite some time now. However, there may be yet another taker who is interested in its money-hemorrhaging division as The Wall Street Journal is reporting that Lenovo is looking to buy it up.
Originally, Fujitsu was looking to merge its PC division with both Toshiba and Sony, However, talks for that plan collapsed as neither companies wanted to hold a controlling stake. Seeing as the merger talks has fallen through, Fujitsu entered discussions with Lenovo.
Assuming that the sale happens, Lenovo would hold 21.1 percent of the global PC market share. Lenovo’s successful buyout of Fujitsu’s PC business would also see it owning 40 percent of the Japanese PC market. As for the specifics of the discussion, the deal would see Lenovo owning a majority of Fujitsu’s PC division, while Fujitsu retaining a minority stake. In terms of workers, Lenovo has promised Fujitsu that it will maintain existing factories and jobs.
Source: The Wall Street Journal