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

GoPro releases LCD BacPac removable screen

GoPro releases LCD BacPac removable screen

One of the favorite rugged camra of snowboarders, skiers and surfers, the GoPro HD HERO now gets a new accessory - LCD BacPac, a removable LCD screen which can be attached to the camera via a small expansion port located on the back of the camera. The LCD BacPac allows you to playback...

PowerColor announces HD5870 Eyefinity 6

TUL Corporation, a leading manufacturer of AMD graphics cards, today announces the first graphics solution which can support up to 6 monitors: the HD5870 Eyefinity 6. The HD5870 Eyefinity 6 features multi-display Eyefinity technology, enables up to six monitors to be operated from one card...

Active Media Products Introduces Smallest 16GB USB Drive on the Planet

Active Media Products, manufacturer of SSDs and innovative USB drives, today announced the new Wink USB drive measuring merely 1.2 x 0.5 x 0.1 inches and tipping the scales at only 1/20 of an ounce. The Wink drive is available now in capacities from 2GB to 16GB. Although it's size is small...

Leave a comment