MSI has denied rumors that Chinese PC maker Lenovo is in talks to buy the smaller company's gaming laptop division. "In regards to the rumors circulating about a Lenovo and MSI acquisition, MSI is not in talks with Lenovo to sell the MSI Gaming Notebook business," MSI's president Andy Tung said in a statement released to the press.

He added that legal action against rumor spreaders could follow.

"We are currently seeking the source of this false information and reserve the right to take any legal action," Tung said.

Rumors emerged last Friday, when news site DigiTimes reported that undisclosed sources had told it MSI was in talks with Lenovo for a buyout. Lenovo would be looking to buff its gaming laptop division, and MSI would sell its laptop division because of increased competition from other OEMs.