Lenovo and NEC teaming up for Japans’s Largest PC Group

Lenovo and NEC today announced a strategic partnership which aims to create the largest PC group in Japan, which is the third largest PC market in the world. Under the new agreement both companies will join their market reputation, development capabilities, marketing and distribution to provide new products in Japan. They will  form NEC Lenovo Japan Group, and under this group, Lenovo and NEC will establish a new organization known as Lenovo NEC Holdings B.V., registered in the Netherlands.

Lenovo will hold the controlling stake of 51 percent in the new joint venture, while NEC will hold a 49 percent stake.The president of the new company will become Hideyo Takasu, currently President, NEC Personal Products, Ltd and Executive Chairman will be Roderick Lappin currently president of Lenovo (Japan).

But this partnership will not be limited only to PCs, as  Lenovo and NEC have also agreed to discuss further cooperation in other areas, including selling PCs and providing global support to Japanese companies operating outside of Japan  developing, producing, and selling devices such as tablets and selling additional IT platform products such as servers.

The transaction is expected to close by June 30, 2011.

Related posts

Visiontek offers more pocket-sized USB SSDs

Visiontek offers more pocket-sized USB SSDs

Visiontek’s USB 3.0 Pocket SSD line has had major success ever since it was released to market and this is the reason why the famous maker of various upgrades and accessories for PCs and Mac computers has announced an expansion of the line. The expansion includes three new models that feature...

Lenovo intros IdeaPad Y460p and Y560p multimedia laptops

Lenovo today introduced the two new multimedia laptops based on Intel Sandy Bridge processors - the 14-inch IdeaPad Y460p and 15.6-inch Y560p. The two new notebooks feature a metal hairline etching exterior and are available with two interiors versions, metallic grey and white. They offer up...

Antec demonstrates new 120 mm cooling fan

Antec, a company known for making power supplies, cases and PC accessories, has announced a new cooling fan, which carries the TrueQuiet Pro 120 brand name. The novelty features a new type of cooling blades that lower air turbulence, and hence noise. The new fan also comes with...

Leave a comment