Fujitsu will transfer to Lenovo computers with the workers
China’s Lenovo Group Ltd negotiates the acquisition of the business of manufacturing computers, Fujitsu Ltd. The deal will allow the Japanese company to focus on developing it solutions and other areas of work.
As writes Reuters, citing participants in the talks, the companies intend to reach a final agreement in October 2016, According to Nikkei business daily, about two thousand employees of Fujitsu will be transferred to Lenovo.
According to the journalists, thanks to this deal, Fujitsu, ranked second in the Japanese market the PC build after NEC Corp, will be able to remain competitive. Lenovo and NEC created a joint venture for Assembly of personal computers in 2011 under the terms of the deal Lenovo then got a 51% stake in NEC Lenovo Japan Group, and NEC 49%.
Two possible options of the transaction
According to the version of the Nikkei, the deal between Lenovo and Fujitsu can take place in two directions. Fujitsu can transmit the design, development and implementation in a joint venture, which will be headed by Lenovo or Lenovo will buy a majority stake in the relevant division of the Japanese company.
Fujitsu until the end of October is planning to transfer its business to Lenovo PC