Friday, March 23, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Low-Cost iPad For Classrooms Coming Next Week
Google Says Publishers are Responsible for Getting Users' Consent to Comply With New EU Privacy Law
Samsung Electronics Shareholders Approve Stock Split, Company Talks About Future for Smartphones, Chips
Streaming Services Keep Driving Music Business
Huawei Could Release 512GB and Blockchain-Ready Smartphone
Sony Announces Pricing and Availability for A8F BRAVIA OLED TVs and 85" Class X900F and X850F Series 4K HDR TVs
New Samsung Exynos 7 Series 9610 Mobile Processor focuses on Multimedia
Google to Develop Its Own Blockchain-Related Technology
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, September 05, 2012
Lenovo Buys CCE

Lenovo today announced the acquisition of the CCE business, a company known in Brazil as a leader in PCs and consumer electronics.

The acquisition expands Lenovo's presence in the world's third-largest PC market, with a manufacturing presence and a full suite of consumer products across all four screens - PC, tablet, smart phone and TV .

"This move more than doubles our PC market share in Brazil, one of the world's fastest-growing and most important technology markets. It not only helps Lenovo rapidly expand its leadership here, but it also lays a foundation for our future PC+ vision," said Yuanqing Yang, chairman and CEO, Lenovo Group. "CCE is an excellent fit with its four screen product portfolio and a valuable manufacturing base in Brazil. CCE's management, who will become an essential part of our Brazilian operations, know the Brazilian consumer and will immediately help us establish a strong retail presence. We are confident the acquisition will drive growth; provide a bright future for our teams in Brazil; and bring an exciting, high quality array of products to market."

Lenovo is paying CCE's shareholders approximately 300 million Brazilian Reais, in a combination of cash and stock, for 100% of the company. Lenovo will retain CCE's management team including its founder and CEO, Mr. Roberto Sverner in the combined company.

The acquisition is subject to customary closing procedures and is expected to close in the first quarter of 2013.

New Intel Development Suites Help Improve Application Performance on the Latest Processors        All News        Motorola Announces New Droid Razr Smartphones
Hackers Unveil Sony Mobile Customers Emails, Names     General Computing News      TSMC To Delay Transition To 450-mm Wafers

Get RSS feed Easy Print E-Mail this Message

Related News
Lenovo Debuts Ruggedized Chromebook Trio and New Lenovo Yoga 730 and 530 ab MWC
Lenovo Recalls the ThinkPad X1 Carbon 5th Gen Laptop
Lenovo's PC and Smart Device Businesses Grow, But Mobile Turnaround Target Missed
CES 2018: New Lenovo Miix 630 2-in-1 Detachable, ThinkPad X1 Series and Lenovo Smart Display With Google Assistant
Lenovo Introduces 2018 ThinkPad Portfolio
Lenovo to Buy Fujitsu PC Unit Stake
Lenovo Could Take Over Fujitsu's PC Unit
Lenovo Settles FTC Charges it Harmed Consumers With Preinstalled Adware on its Laptops
IFA 2017: Lenovo Announces Windows Mixed Reality Headset and new 2-in-1 laptops
gamescom 2017: Lenovo Announces New Legion Gaming Towers
Lenovo Introduces New Star Wars Augmented Reality Headset
HP Takes Back PC Shipment Crown from Lenovo

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .