Notes

Lenovo - Growing Larger With Mergers and even Acquisitions

Lenovo - Incessantly Delivering Sturdy and Reliable Range of Storage Products:


Lenovo, or Lenovo Group Limited, is a Chinese multinational company with secret headquarters in Beijing, China, and North Carolina, United States. Originally founded in 1984 in Beijing as Legend, they are now well-known (since 2004) as Lenovo. Today, the company operates together with 27, 000 employees throughout around 60 countries and their products reach about 160 countries worldwide. They made almost $30 billion with 2012, with $472 , 000, 000 in net income and $15. 86 billion in total possessions.


About its Mergers along with Acquisitions:


Due to various mergers and acquisitions, Lenovo currently ranks as the world's most significant personal computer vendor. Notably, Lenovo acquired IBM's personal computer company in 2005, which allowed them to gain access to foreign market segments and improve their branding. That acquisition was valued with $1. 25 billion, by having an extra $500 million associated with IBM debt that Lenovo took on. As a result of this merger, Lenovo got often the ThinkPad brand, which was one among IBM's most advanced PC manufacturing technologies, in addition to IBM's worldwide distribution network. In order to additional focus on the personal computer market, Lenovo sold its Smartphone and tablet division with regard to $100 million in 08, but made an about-face and bought it back the next year for $200 zillion. The mobile division is already ranked 3rd in China's mobile handset market. Later on in check here , Lenovo and NEC created a joint venture to produce pcs, with Lenovo and NEC owning a 51% and 49% stake, respectively. This transfer was expected to expand Lenovo's sales into Japan. Inside more info of 2011 and 2012, Lenovo also merged with such smaller-name electronics and application companies:


Median - A language like german electronics manufacturing company

Digibras - Brazilian electronics organization

Stoneware - US-based program company

Rich Portfolio excellent for Performing Products:


Currently, Lenovo regularly sells:


Personal computers

Asus tablets

Smartphone

Workstations

Electronic safe-keeping devices

Servers

IT supervision software

Smart televisions

One of the most Purchased and Popular Among the Products:


Of these, they are most well-known for their ThinkPad line of notebook computers and their Think Centre line of a desktop. The ThinkPad line is often a business-centric laptop computer with a boxy black design, originally a great IBM product. Since Lenovo took over the brand coming from IBM sales of the ThinkPad brand has doubled. The Think Centre is a similarly business-centric desktop computer that was likewise an IBM product. Additionally , Lenovo offers the Think Server, Think Station, and Believe Vision. These products are servers, workstations, and displays, respectively.

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