Feeds

Lenovo shares in trading halt ahead of 'disclosable transaction'

You don't ask the stock market to do this when you buy toner, people

Secure remote control for conventional and virtual desktops

Lenovo has halted trade in its shares, "pending the release of an announcement in respect of a discloseable transaction which constitutes an inside information of the Company."

That quote comes from this statement (PDF), the second such document emitted by Lenovo in recent days. The previous statement (PDF) said "the Company is in preliminary negotiations with a third party in connection with a potential acquisition", was widely interpreted to have been issued in response to rumours the company is to buy some of IBM's server business.

Channel Reg's sources suggest IBM is trying to offload its X Series boxen and folks have whispered Lenovo's name into The Wall Street Journal's ear when speculating about buyers.

Lenovo's also been rumoured to be considering a cash splash to acquire BlackBerry's ravaged body, but with all the speculation about Big Blue of late The Reg thinks the server business buy is a better bet for now.

We'll update this story as the situation develops. ®

Internet Security Threat Report 2014

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.