[lbo-talk] Dell mulls buying China's No. 2 PC maker - media

uvj at vsnl.com uvj at vsnl.com
Fri Dec 15 10:23:22 PST 2006


Reuters India

News > Technology >Article

Dell mulls buying China's No. 2 PC maker - media http://in.today.reuters.com/news/newsArticle.aspx?type=technologyNews&storyID=2006-12-15T130406Z_01_NOOTR_RTRJONC_0_India-280379-1.xml

Fri Dec 15, 2006

SHANGHAI (Reuters) - Dell Inc. is considering buying the PC-making unit of China's No. 2 PC seller, Founder Group, Chinese newspapers reported on Friday.

Dell's Chief Executive Officer, Kevin Rollins, expressed interest in buying Founder's PC-making unit for US$400 million, Shanghai's National Business Daily reported, citing unnamed industry sources. He met with Founder executives and toured the company's facilities in China in May, according to the report.

Other Chinese-language newspapers across the country, including the Beijing Times and Guangzhou Daily, reported similar stories. But there was no confirmation of the reports by early afternoon on Friday.

A Dell spokesman in Texas declined comment, while a spokesman for Founder in Beijing was not immediately available for comment.

© Reuters 2006. All Rights Reserved.



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