Lenovo - Growing Greater With Mergers and even AcquisitionsPosted by Tychsen Nelson on July 6th, 2021 Lenovo - Incessantly Delivering Long lasting and Reliable Range of Memory space Products: Lenovo, or Lenovo Group Limited, is a China's multinational company with hq in Beijing, China, and North Carolina, United States. Originally set up in 1984 in Beijing as Legend, they are now acknowledged (since 2004) as Lenovo. Today, the company operates together with 27, 000 employees in around 60 countries and their products reach about one hundred sixty countries worldwide. They generated almost billion inside 2012, with 2 , 000, 000 in net income and . 86 billion in total property. About its Mergers and Acquisitions: Due to various mergers and acquisitions, Lenovo right now ranks as the world's largest personal computer vendor. Notably, Lenovo acquired IBM's personal computer enterprise in 2005, which allowed them to gain access to foreign market segments and improve their branding. This kind of acquisition was valued at . 25 billion, by having an extra 0 million connected with IBM debt that Lenovo took on. As a result of that merger, Lenovo got typically the ThinkPad brand, which was among IBM's most advanced PC making technologies, in addition to IBM's world-wide distribution network. In order to further focus on the personal computer market, Lenovo sold its Smartphone and tablet division intended for 0 million in 2008, but made an about-face and bought it back these kinds of year for 0 , 000, 000. website is now ranked 3rd in China's mobile handset market. Down the road in 2011, 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. In the years of 2011 and this, Lenovo also merged with such smaller-name electronics and program companies: Median - In german electronics manufacturing company Digibras - Brazilian electronics organization Stoneware - US-based computer software company Rich Portfolio excellent for Performing Products: Currently, Lenovo regularly sells: Personal computers Tablet computers Smartphone Workstations Electronic hard drive devices Servers IT managing software Smart televisions By far the most Purchased and Popular Among the Manufacturer product line: Of these, they are most well-known because of their ThinkPad line of notebook computers and the Think Centre line of personal computers. The ThinkPad line is actually a business-centric laptop computer with a boxy black design, originally the IBM product. Since Lenovo took over the brand through IBM sales of the ThinkPad brand has doubled. The actual Think Centre is a similarly business-centric desktop computer that was furthermore an IBM product. Additionally , Lenovo offers the Think Server, Think Station, and Believe Vision. These products are machines, workstations, and displays, respectively.Like it? Share it! More by this author |