Lenovo links up with Fujitsu in potential PC merger deal
- 27 October, 2016 21:20
Lenovo has edged closer to taking full control of Fujitsu’s ailing PC business, with both parties committing to cooperating at a global level.
Terms of the partnership will see both vendors work together across research, development, design and manufacturing of PCs for the global market, with details of the cooperation currently under discussion.
The announcement adds weight to the theory that Lenovo is preparing to take control of Fujitsu’s PC business, allowing the Japanese company to strip out noncore divisions.
Fujitsu transferred its Japan PC business to FCCL, a newly established wholly owned subsidiary of Fujitsu, on February 1, 2016.
“Since then, Fujitsu has been considering various options to ensure the future growth of its PC business,” a joint company statement said.
“Lenovo, already the world’s largest PC supplier, is continuously seeking opportunities to further grow its core business in the global market.
“Through the cooperation, the two companies aim to create a successful model that leverages Fujitsu’s global sales, customer support, R&D and manufacturing capabilities together with Lenovo’s operational excellence to improve competitiveness in the dynamic global PC market.”
Currently, Fujitsu will continue to offer its Fujitsu-branded PC portfolio and the related after-sales support to customers and channel partners worldwide.
“Fujitsu and Lenovo will continue their discussion in pursuit of a mutually beneficial collaboration,” the statement added.
“The two companies are also in talks with Development Bank of Japan for the bank to provide financial and strategic support.”
According to both parties, further details will be announced as they become available.