Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 08 August 2007 08:36

Lenovo wants to buy Packard Bell

Written by David Stellmack

Image

Increase the Chinese market share


Lenovo Group
Ltd. has announced that it is actively pursuing purchase of European computer manufacturer Packard Bell. Lenovo has said that it is negotiating the purchase through an unnamed independent third party and working with other parties and government entities as part of the proposed acquisition.

Reuters reports that the deal would quickly increase the Chinese computer maker's market share, even as it continues to digest IBM's PC business, which it bought in 2005.

The company is being bought from Lap Shun Hui, the former owner of eMachines and it looks like Lenovo is the only buyer.

Initially there were some rumours that Lenovo was competing with Acer for the company. Acer said in April it planned to buy a PC company in three to five months to win more market share and accelerate growth. However it appears that Packard Bell was not the target.

But a news story in the Hong Kong Economic Journal indicated that Taiwanese manufacturer Acer Inc. is interested in acquiring a PC company that is not a U.S. or Taiwanese company, and hinted that Packard Bell BV is also being courted by Acer.  Things could get heated if both decide to pursue the acquisition.

Read more here and here.

Last modified on Wednesday, 08 August 2007 11:11

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments