Featured Articles

KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Nvidia introduces five new Quadro cards

Nvidia introduces five new Quadro cards

Nvidia has revamped its Quadro professional graphics line-up with a total of five new cards, two of which are based on…

More...
AMD Tonga XT graphics cards come later

AMD Tonga XT graphics cards come later

According to sources who wish to remain unnamed, we should see an AMD Tonga XT-based graphics card launched sometime in September.

More...
Nvidia Maxwell Geforce 800 comes in September

Nvidia Maxwell Geforce 800 comes in September

Nvidia was always cautious when talking about upcoming Maxwell parts, the first of which was launched back in March and based…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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