Lenovo To Keep Buying Companies Until It Owns Everything, Everyone
Lenovo isn’t putting away its checkbook yet. The CEO of the Chinese PC giant said on Tuesday that the company will continue to acquire companies for overall growth. This comes as the company is closing two major deals. Lenovo recently purchased Motorola Mobility from Google for $2.91 billion. The company also picked up IBM’s server business for $2.3 billion, which seems only natural after Lenovo purchased IBM’s personal computer division in 2005 for $1.25 billion.