The two big Asian PC makers, Acer and Lenovo, are in talks to buy European PC company Packard Bell, according to Reuters. That would give one of them a strong foothold in two regions important to Dell (DELL) and Hewlett-Packard (HPQ).
Dell has about 15% of the global PC market. Lenovo has over 8% of the market, so a purchase could get it above 10%.
And, that much closer to Dell.
Douglas A. McIntyre
