It was the result of two years of research and development. It had a pastel-colored, shell-shaped case and a seven-port USB hub under its screen. As of , the Tianxi was the best-selling computer in Chinese history. It sold more than 1,, units in alone. Lenovo works to integrate the management of each newly acquired company into its larger culture. Lenovo has a dedicated mergers and acquisitions team that tracks the progress of these integrations.
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Lenovo has an annual meeting where the management of newly acquired companies meets with its top executives. In these meetings, held in English, Lenovo explains its global strategy and how new executives fit into its plans.
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Lenovo acquired IBM 's personal computer business in , including the ThinkPad laptop and tablet lines. This acquisition made Lenovo the third-largest computer maker worldwide by volume. We got the ThinkPad brand, IBM's more advanced PC manufacturing technology and the company's international resources, such as its global sales channels and operation teams. These three elements have shored up our sales revenue in the past several years.
IBM acquired an The deal has been already approved by Europe, China and the United States. After closing, Lenovo said that its goal was to become the world's largest maker of servers. Lenovo also announced plans to start integrating IBM's workforce. Lenovo said that it has no immediate intent to cut jobs.
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Lenovo said that its x86 servers will be available to all its channel partners. Lenovo plans to cut prices on x86 products in order to gain market share. Lenovo's acquisition of IBM is arguably one of the greatest case studies on merging massive international enterprises. Though this acquisition in ultimately resulted in success, the integration of the businesses had a difficult and challenging beginning. Lenovo had employees from different cultures, different backgrounds, and different languages. At the end of its first two years, Lenovo Group had met many of its original challenges, including integrating two disparate cultures in the newly formed company, maintaining the Think brand image for quality and innovation, and improving supply chain and manufacturing efficiencies.
By , Lenovo grew into the world's number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. As of , LeGarden had more than 1, programs available for the LePhone. At the same time, LeGarden counted 2, individual developers and developer companies as members. Lenovo entered the smartphone market in and quickly became the largest vendor of smartphones in Mainland China. Lenovo passed Apple to become the No.
The companies said in a statement that they would establish a new company called Lenovo NEC Holdings, to be registered in the Netherlands. Lenovo has a five-year option to expand its stake in the joint venture. This joint venture was intended to boost Lenovo's worldwide sales by expanding its presence in Japan, a key market for personal computers. NEC spun off its personal computer business into the joint venture. Lenovo and NEC also agreed to explore cooperating in other areas such as servers and tablet computers. Roderick Lappin, chairman of the Lenovo—NEC joint venture, told the press that the two companies will expand their co-operation to include the development of tablet computers.
These included over 3, patent families in countries around the world. The purchase included standards-essential patents for 3G and LTE cellular technologies and other patents related to smartphones and tablets. In June , Lenovo announced that it planned to acquire control of Medion , a German electronics manufacturing company.
Lenovo said the acquisition would double its share of the German computer market, making it the third-largest vendor by sales after Acer and Hewlett-Packard. The deal, which closed in the third quarter of the same year, was the first in which a Chinese company acquired a well-known German company. Gerd Brachmann, chairman of Medion, agreed to sell two-thirds of his 60 percent stake in the company.
He will be paid in cash for 80 percent of the shares and will receive 20 percent in Lenovo stock. That would give him about one percent of Lenovo. An additional payment of million reals was made dependent upon performance benchmarks. Lenovo cited their desire to take advantage of increased sales due to the World Cup that would be hosted by Brazil and the Summer Olympics and CCE's reputation for quality.
In September , Lenovo agreed to acquire the United States-based software company Stoneware, in its first software acquisition.
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The transaction was expected to close by the end of ; no financial details have been disclosed. More specifically, Stoneware was acquired to further Lenovo's efforts to improve and expand its cloud-computing services. For the two years prior to its acquisition, Stoneware partnered with Lenovo to sell its software. During this period Stoneware's sales doubled. Stoneware was founded in As of September , Stoneware is based in Carmel, Indiana and has 67 employees.
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In September Lenovo and NetApp announced about strategic partnership and joint venture in China. LenovoEMC's products were formerly offered under the Iomega brand name. As of , lenovoemc. As of February , Google owns about 5. Lenovo also got the future Motorola Mobility product roadmap. Lenovo has stated that Motorola was purchased in large part due to its long-standing relationships with cellular network operators in the United States and the United Kingdom.
Lenovo previously had difficulty breaking into the United Kingdom due to the high proportion of customers who sign contracts and receive phones from carriers. A Lenovo executive said, "There are lots of reasons why we bought Motorola but primarily because it has a history of distribution in the UK.
Motorola has long and established relationships with routes to market in North America and the UK , where people are tied to their network operator.
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Lenovo received approval from the European Union for its acquisition of Motorola in June In a statement the European Union said, "The Commission concluded that the proposed acquisition would not raise competition concerns in relation to smart mobile devices smartphones and tablets , given the limited market position of the parties and the presence of other strong suppliers in the market.
The acquisition was completed on 30 October Motorola Mobility will remain headquartered in Chicago, and continue to use the Motorola brand, but Liu Jun, president of Lenovo's mobile device business, became the company's leader. In , Lenovo became the world's largest provider for the TOP supercomputers. It can also imply creativity.
In , Yang Yuanqing decided to abandon the Legend brand name to expand internationally. In April , the company publicly announced its new name, "Lenovo", with an advertising campaign including huge billboards and primetime television ads. Lenovo spent 18 million RMB on an eight-week television advertising campaign. The billboards showed the Lenovo logo against blue sky with copy that read, "Transcendence depends on how you think. The ThinkPad is a line of business oriented laptop computers known for their boxy black design, modeled after a traditional Japanese lunchbox.
The ThinkPad has been used in space and were the only laptops certified for use on the International Space Station. The ThinkCentre is a line of business-oriented desktop computers which was introduced in by IBM and since has been produced and sold by Lenovo since Similar to the ThinkPad line of computers, there have been budget lines of ThinkCentre branded computers in the past. Some examples of this include: M55e series, A50 series, M72 series. These "budget" lines are typically "thin clients" however. Lenovo ThinkStations are workstations designed for high-end computing.
High-end monitors are marketed under the ThinkVision name. Lenovo also announced another inch 4K touch-enabled device running Android that can function as an all-in-one PC or an external display for other devices. The X24 includes a wireless charging base for mobile phones. Both monitors have HDMI 2. Both displays have dual-array microphones and 3-watt stereo speakers. The IdeaPad line of consumer-oriented laptop computers was introduced in January The IdeaPad's design language differs markedly from the ThinkPad and has a more consumer-focused look and feel.
On September 21, , Lenovo confirmed that their Yoga series is not meant to be compatible with Linux operating systems, that they know it is impossible to install Linux on some models, and that it is not supported. All IdeaCentres are all-in-one machines, combining processor and monitor into a single unit.
In , Lenovo added a table computer to the IdeaCentre line. Thanks to its use of Windows 8, the Horizon can also serve as a desktop computer when set upright. As of January , Lenovo only manufactured phones that use the Android operating system from Google. Numerous press reports indicated that Lenovo planned to release a phone running Windows Phone 8 , According to J. Howard, a vice president at Lenovo's mobile division, the company would release a Windows Phone product if there is market demand. Lenovo has implemented an aggressive strategy to replace Samsung Electronics as Mainland China market's top smartphone vendor.
Data from Analysys International shows that Lenovo experienced considerable growth in smartphone sales in China during Specifically, it saw its market share increase to IDC analysts said that Lenovo's success is due to its "aggressive ramping-up and improvements in channel partnerships. Lenovo has the confidence to outperform Samsung and Apple, at least in the Chinese market. However, its attempt was reportedly blocked by the Government of Canada , citing security concerns due to the use of BlackBerry devices by prominent members of the government.
An official stated that "we have been pretty consistent that the message is Canada is open to foreign investment and investment from China in particular but not at the cost of compromising national security". In January , Lenovo announced a proposed deal to acquire Motorola Mobility to bolster its plans for the U. Lenovo plus Motorola was the 3rd largest producer of smartphones by volume in the world between and In the reorganization which followed, Lenovo was uncertain how to brand its Motorola smartphones. In November , members of Lenovo management made statements that Lenovo would use the Motorola brand for all its smartphones.
The company reversed course in March and announced that the Motorola brand name would be used in all regions in future products.