Lenovo - Growing Larger With Mergers and even AcquisitionsPosted by Tychsen Nelson on July 6th, 2021 Lenovo - Incessantly Delivering Sturdy and Reliable Range of Memory Products: Lenovo, or Lenovo Group Limited, is a China's multinational company with secret headquarters in Beijing, China, along with North Carolina, United States. Originally launched in 1984 in Beijing as Legend, they are now known (since 2004) as Lenovo. Today, the company operates with 27, 000 employees inside around 60 countries and their products reach about one hundred sixty countries worldwide. They made almost billion throughout 2012, with 2 mil in net income and . 86 billion in total assets. About its Mergers and Acquisitions: Due to various mergers and acquisitions, Lenovo at this point ranks as the world's greatest personal computer vendor. Notably, Lenovo acquired IBM's personal computer enterprise in 2005, which helped them to gain access to foreign stores and improve their branding. This kind of acquisition was valued from . 25 billion, having an extra 0 million associated with IBM debt that Lenovo took on. As a result of this particular merger, Lenovo got the particular ThinkPad brand, which was certainly one of IBM's most advanced PC producing technologies, in addition to IBM's international distribution network. In order to even more focus on the personal computer sector, Lenovo sold its Touch screen phone and tablet division regarding 0 million in 2008, but made an about-face and bought it back the following year for 0 million. The mobile division is currently ranked 3rd in China's mobile handset market. At a later date in 2011, Lenovo and NEC created a joint venture to produce pcs, with Lenovo and NEC owning a 51% and 49% stake, respectively. This proceed was expected to expand Lenovo's sales into Japan. Within the years of 2011 and this, Lenovo also merged with one of these smaller-name electronics and computer software companies: Median - The german language electronics manufacturing company Digibras - Brazilian electronics business Stoneware - US-based software program company Rich Portfolio great for Performing Products: Currently, Lenovo regularly sells: Personal computers Asus tablets Smartphone Workstations Electronic storage area devices Servers IT operations software Smart televisions One of the most Purchased and Popular Among the Product Line: Of these, they are most well-known for their ThinkPad line of notebook computers and their Think Centre line of personal computers. here is often a business-centric laptop computer with a boxy black design, originally the IBM product. Since Lenovo took over the brand coming from IBM sales of the ThinkPad brand has doubled. The particular Think Centre is a in the same way business-centric desktop computer that was additionally an IBM product. In here , Lenovo offers the Think Hardware, Think Station, and Consider Vision. These products are hosting space, workstations, and displays, respectively.Like it? Share it! More by this author |