Following reports that Lenovo could take over Fujitsu's PC business, both vendors announced they are exploring a "strategic cooperation" around personal computers.
"[Both companies] are exploring a strategic cooperation in the realm of research, development, design and manufacturing of personal computers for the global market," according to the announcement.
In February, Fujitsu transferred its Japan PC business to FCCL, a newly established wholly owned subsidiary of Fujitsu.
The vendors didn't comment on the possiblity of an acquisition, other than to state their desire to become more competitive in the PC market.
"Fujitsu has been considering various options to ensure the future growth of its PC business.
"Lenovo is continuously seeking opportunities to further grow its core business in the global market.
"Through the cooperation, the two companies aim to create a successful model that leverages Fujitsu’s global sales, customer support, R&D and manufacturing capabilities together with Lenovo’s operational excellence to improve competitiveness in the dynamic global PC market."
Fujitsu will continue to offer its PC portfolio and support to customers and channel partners worldwide.
Both vendors are also in talks with Development Bank of Japan to provide financial and strategic support.