Lenovo Group Ltd, China's largest PC maker by market share, announced on Wednesday that it intends to double its market share in Germany by acquiring Medion AG, a multimedia and consumer electronics maker.
Medion is one of the top 5 vendors in Germany. Lenovo estimated that after the acquisition, it will be the third-largest PC company in Germany, Europe's largest PC market. It will have more than 14 percent of the German and 7.5 percent of the Western European PC market.
"This agreement represents another bold move in Lenovo's realization of its long-term strategy. It will complement both its core PC business and new businesses, which are key areas for development," said Yang Yuanqing, the company's chief executive officer.
The Chinese PC maker said it hopes that the deal will be completed in August and that it will acquire 50 to 75 percent of the German company's stock.
This agreement is part of Lenovo's worldwide expansion in consumer PCs and the high-growth mobile Internet market by acquisitions. It acquired IBM Corp's personal computer sector in 2004, after achieving sales revenue of $3 billion in 2003 - IBM had $9 billion in sales revenue at that time. After acquiring IBM, Lenovo held 8 percent of the global PC market in 2004, according to the research company, IDC.
In January, Lenovo announced that it had invested $175 million in a joint venture with the Japanese PC maker NEC Corp to expand in the Japanese market. After the purchase, the two held about 26 percent of Japan's PC market.
Last year, Medion had $2.29 billion in sales revenue while Lenovo had $21 billion, almost seven times the figure when it took over IBM.
Lenovo has been trying to increase its presence in Europe, according to Kitty Fok, vice-president of IDC Asia-Pacific. "Lenovo was previously trying to acquire the Western European PC maker Packard Bell, but it ended up being bought by Acer Inc," she told China Daily.
Lenovo was ranked the fourth-largest PC company and held a 9.9 percent market share worldwide in the first quarter of 2011, according to IDC.
主站蜘蛛池模板： 色婷婷久久综合中文久久一本`| 99re热这里只有精品视频| 最好看的最新中文字幕2018免费视频 | 91网站免费观看| 粗大猛烈进出高潮视频大全| 国产乱码精品一区二区三区四川人 | 成人永久免费福利视频app| 久久国产乱子伦免费精品| 桃子视频在线观看高清免费视频| 亚洲日韩欧美一区久久久久我| 狼人总合狼人综合| 免费网站无遮挡| 精品无码人妻夜人多侵犯18| 国产亚洲综合一区二区三区| 黑人大战亚洲人精品一区| 尤物193yw在线看| 中文字幕第13亚洲另类| 日韩一区二区三区精品| 么公的又大又深又硬视频| 欧洲多毛裸体xxxxx| 亚洲成a人片在线看| 污污视频网站免费观看| 国产乱子伦精品视频| 黄瓜视频在线观看| 国产成人综合在线视频| 俄罗斯精品bbw| 国产精品亚洲自在线播放页码| 91女神疯狂娇喘3p之夜| 國产一二三内射在线看片| JAPANESE在线播放国产| 天天躁日日躁aaaaxxxx| www.nxgx| 妇女bbbb插插插视频| 一本一本久久a久久精品综合| 成人怡红院视频在线观看| 中文字幕丰满乱子伦无码专区| 无码人妻丰满熟妇区五十路| 久久99精品视免费看| 无码专区狠狠躁躁天天躁| 中文字幕曰产乱码| 按摩xxxx全套|