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Lenovo Resumes Talks To Buy IBM Unit: Source

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Lenovo Resumes Talks To Buy IBM Unit: Source

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Lenovo Resumes Talks To Buy IBM Unit: Source

by Wochit 0:42 mins

China's Lenovo Group has resumed discussions to buy IBM's low-end server unit, a source familiar with the matter told Reuters. The two companies were in discussions to buy the division last year, but no deal was made as they couldn't agree on a price, sources have said. The Wall Street Journal, also citing unnamed sources, said Dell may be among the potential buyers, though it was unclear how serious Dell was. Dell went private in a $25 billion deal last year, following prolonged troubles at the computer maker.

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