Lenovo is a multinational technology company renowned for its innovative personal technology products, including personal computers, smartphones, and data center solutions. Established in 1984 as Legend Holdings, the company rebranded to Lenovo in 2004 following its acquisition of IBM's personal computing division. Today, Lenovo holds the position of the world's largest PC vendor and ranks among the top smartphone manufacturers. The company operates across three main business segments: PC and smart devices, mobile, and data center, which are anticipated to contribute 60%, 13%, and 17% of sales, respectively, in the near term. Lenovo has made significant strides in its data center business, which has seen server-related revenue grow considerably in recent years. With a global workforce of over 54,000 employees and operations in more than 60 countries, Lenovo is committed to delivering innovative solutions that meet the diverse needs of customers worldwide.
Medion AG, together with its subsidiaries, distributes a range of consumer electronic products primarily to retail chains in Germany, rest of Europe, and internationally. The company's product portfolio includes consumer electronics, such as personal computers, notebooks, liquid crystal display or plasma screen televisions, DVD recorders, MP3 players, navigation systems, and special mobile phone plans. It also engages in the product conceptualization, design, quality management, logistic management, and after sales services.
IBM Personal Computing Division
Acquisition in 2004
IBM Personal Computing Division
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