“The directors confirm that the company has certain preliminary discussions with independent third parties regarding potential investments opportunities and acquisitions,” the Chinese company said, without naming potential acquisition targets. The move comes as Lenovo attempts to reduce its over-reliance on corporate business, which has been hit hard by the global economic crisis.
An acquisition would also help Lenovo from falling further behind Acer, the Taiwanese rival that became the world's third-biggest PC maker following its acquisition of Gateway last year.
There has been speculation that Lenovo could be talking to Positivo Informática, Brazil's largest PC maker.
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