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

AMD’s Radeon HD 7890 will debut on November 27

The highly rumored upcoming AMD Radeon HD 7890 graphics card will debut on November 27, sources close to AMD have announced. The Radeon HD 7890 will be based on the Tahiti LE GPU and will become available in versions customized by AMD partners. Experts believe the...

MSI announces GTX 980 Ti Golden Edition video card

MSI announces GTX 980 Ti Golden Edition video card

The GeForce GTX 980 Ti is, undoubtedly, a very fine video card, despite being very expensive. That’s why we keep on getting more and more GTX 980 Ti models four months after this card was first released. Today it is MSI day – the Taiwanese company has presented the brand-new GeForce GTX 980 Ti...

Sapphire launches Radeon R9 390 card with 4 GB VRAM

Sapphire launches Radeon R9 390 card with 4 GB VRAM

Sapphire has become one of the first companies to launch the new cut-down version of AMD’s Radeon R9 390 video card, namely a model that features 4 GB of GDDR5 memory on board. The new card is called Sapphire Radeon R9 390 Platinum OC and as you can see from the name it features different...

Leave a comment