Lenovo buys Motorola division

Lenovo buys Motorola division

Lenovo has once again surprised the industry, this time by acquiring the Motorola Mobility smartphone business from Google for close to $3-billion. With a strong PC business and a fast-growing smartphone business, this agreement will significantly strengthen Lenovo’s...

Structural changes at Lenovo

Lenovo has announced several organisational and senior leadership changes, establishing four new, distinct business groups, effective April 1, 2014. The new groups are: * PC Business Group (including Lenovo and Think brands), led by Gianfranco Lanci, who currently...

Lenovo buys IBM’s x86 server business

Lenovo is to acquire IBM’s x86 server business. This includes System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. The...

Lenovo debuts multimode Yoga Tablet in SA

Lenovo, the number one personal technology company (IDC results Q3) in the world and multimode computing leader, debuted its first multimode Yoga Tablet in South Africa at a media launch event with tech-savvy entertainment personality, Gareth Cliff. Known for...

Lenovo sees Q2 revenue, profit increase

Lenovo’s quarterly revenue for the second quarter, ended 30 September, was $9,8-billion, a 13% increase year-over-year. Second quarter profit grew even faster with pre-tax income increasing 30% year-over-year to US$265-million, while earnings grew 36% year-over-year...