Lenovo may acquire IBM server unit

Company exploring new frontiers in enterprise-level products and services

Lenovo Group Ltd, the world's second-largest personal computer manufacturer, said on Friday it is in "preliminary negotiations" about an acquisition following reports that the Chinese company may purchase International Business Machines Corp's server unit to beef up its enterprise hardware sector.

The Beijing-based company is in talks with IBM to acquire the x86 server business, said information technology industry news website crn.com.