Lenovo Company Description
Lenovo may not be considered tech royalty, but it's definitely blue-blooded. The company was already the largest PC maker in the world's most populous country when it acquired IBM's PC operations for approximately $1.75 billion in 2005. It remains a leader in China, but the company now has a global presence. Lenovo's products include desktop and notebook PCs, workstations, servers, storage drives, and IT services. It also offers IT management software under the ThinkVantage name. Lenovo operates from facilities in Beijing; Raleigh, North Carolina; Singapore; and Paris, and has research centers in Japan, China, and the US. Legend Holdings, which is controlled by the Chinese government, owns about 40% of Lenovo.
View the Comprehensive Company Description for Lenovo
The Company Description provides a historical perspective of Lenovo's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Lenovo's evolution in the marketplace.
