The following appears on ChannelNews.com.au

According to insider the world’s #1 PC Company is currently in discussions with the US based printer manufacturer Lexmark to acquire the Company who is currently retrenching staff globally.

Recently the struggling printer Company said that they plan to shed more than 1000 jobs over the next few months. ChannelNews understands that Lenovo is negotiating with Lexmark management and Goldman Sachs.

Lenovo who has a reputation for buying up distressed businesses has in the past acquired the IBM Think Pad business, the IBM server business and Motorola. The aquisition of Lexmark would put pressure on Lenovo arch rival Hewlett Packard.

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Lexmark MFPs bridge paper and digital–unstructured and structured information