HP's PC business might be up for sale in the near future. At least that's what HP is considering along with spinning it off into a separate company or keeping it within HP. Now one of the companies rumored to be interested in acquiring HP's PC division has already taken itself out of the race. Samsung posted up word on its official blog site that, "The recent rumors that Samsung Electronics will be taking over Hewlett-Packard Co.'s personal computer business are not true. We hope this clarifies any confusion that may have occurred."
Samsung may have removed itself from getting HP's PC business but that may leave the door open for other tech companies to consider an acquisition deal. AllThingsD.com reports that Sterne Agee analyst Shaw Wu had Samsung as the top pick before Samsung's blog announcement. However Acer, Lenovo, Sony and Dell could all put in a bid for the PC business, according to Wu.
The China-based manufacturer -- Lenovo -- has already got some experience in this area. It bought IBM's PC business several years ago, including its popular ThinkPad notebooks. Dell is the number two PC maker in the world, behind HP. CEO, Michael Dell made a few snarky comments on HP last week on his Twitter account. One of Dell's comments was, "Goodbye HP, Sorry you don't want to be in PCs anymore .. But we do more than ever. How would you say goodbye to HP?." Wu says that HP's total PC business may be worth about $8 billion.