Lenovo & Fujitsu: Talks about cooperation confirmed
The rumors were true: Fujitsu and Lenovo have announced yesterday that both companies are indeed in talks about a cooperation in the PC business. The rumors about such talks first surfaced in early October.
However, the two tech-giants do not mention a complete acquisition of Fujitsus PC business by Lenovo. The statement reads that they talk about a "strategic cooperation", which could be interpreted as: The companies seek to establish a joint-venture operation. It also fits with the statement that Fujitsu will continue to offer PCs and the related support.
The joint-venture operation could be similar to the one Lenovo and NEC have established a few years ago. Development, manufacturing could be merged, with the brands staying separate entities. Lenovo would take the leadership role, while Fujitsu would keep a stake in the joint-venture company.
How the deal will exactly look like (if a deal is reached) we surely will learn soon. According to the statement, the companies seek financial support from the state-controlled Japanese Development bank. Not without reason, as Lenovo also is in a tough spot right now. Its likely Lenovo can´t handle the financial risk on its on, due to the unsuccessful acquisition of Motorola.