Lenovo Begins Buyback Of Lenovo Mobile

Published by Tech Pundit | Filed under Hardware | November 29th, 2009

Hoping to better target the mobile Internet market, Lenovo announced that it is planning to buy back the entire interest of Lenovo Mobile Communication Technology from a group of investors. Lenovo is putting up $200 million in cash and stock to reacquire its former mobile business sold to a group of investors in March 2008. The announcement shows just how anxious PC makers are to get in on the handheld smartphone market, especially since we’re seeing more convergence between the personal computing and mobile

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Lenovo Begins Buyback Of Lenovo Mobile