After giving up on talks last spring with Lenovo Group, IBM is apparently seeking a buyer again for its low-end server business. A Wall Street Journal report cites “people familiar with the matter” who say IBM is now talking with a number of potential suitors for its x86 server group—including Dell.

IBM bailed from the desktop and notebook PC business in 2005 when the company sold its personal computer division to Lenovo. Last year, it seemed that Lenovo would also become home to the PC server business as IBM sought to further retreat from low-margin hardware. But negotiations with the Chinese hardware maker over the business stalled last year when Lenovo offered less than $2.5 billion, according to the Journal’s sources.

According to Morgan Stanley estimates, IBM’s x86 servers brought in about $4.9 billion for the company in 2012; it’s difficult to determine exactly how much IBM makes off the business since it is not broken out in the company’s Securities and Exchange Commission filings. There are no details about whether Lenovo is returning to the table or how serious the negotiations with Dell are at this time.