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Electronics Production | August 09, 2007

Lenovo about to acquire Packard Bell

According to eweek.com computer maker Lenovo is in talks of acquiring business colleague Packard Bell.
Lenovo Group, the world's third-largest maker of personal computers, says it is in talks to buy European personal computer maker Packard Bell BV through an independent third part.

According to eweek no definitive deal has been reached but the news agency says that Lenovo said it is negotiating with the independent third party, which its does not name, as well as working with other parties or government bodies "in preparation for the entering into of definitive agreements for such proposed acquisition."
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