Lenovo

Company

Investment-firm

Last deal

$500M

Amount

Post-IPO Debt

Stage

01.04.2024

Date

3

all rounds

$1.35B

Total amount

Financing round

General

About Company
Lenovo designs, manufactures and markets consumer electronics, personal computers, software and related services.

Industry

Sector :

Subsector :

Keywords :

Also Known As

联想集团, Lianxiang Jituan, 联想集团有限公司, Lenovo Corporation

founded date

01.01.1984

founders

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Lenovo is the world's largest PC vendor and fourth largest smartphone company, with operations in over 60 countries and products sold in around 180 countries. The company has a vertically integrated business model, allowing for more innovation and efficient market entry. Lenovo's product lineup includes desktop computers, laptops, tablets, smartphones, workstations, servers, and smart televisions. It has a strong presence in the global market and invests in local manufacturing, R&D, and other high-value functions to establish deeper roots in each major market.
Contacts

Phone number

Social url

Sub-Organizations
1
Lenovo Capital and Incubator Group (LCIG)

Lenovo Capital and Incubator Group (LCIG)

Lenovo Capital and Incubator Group (LCIG) is a Beijing-based venture capital firm and accelerator.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

Beijing, China

count Of Investments

196

count Of Exists

1
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Subsector

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Subsector

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Keywords

Financial Services, Computer, Software

Location

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total raised

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count Of Investments

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count Of Exists

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Financials

Funding Rounds
5
3

Number of Funding Rounds

$1.35B

Money Raised

Their latest funding was raised on 01.04.2024. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.04.2024
$500M
01.05.2014
Legend Holdings

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Investment Banking and Brokerage Services

Subsector

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count Of Exists

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Date 
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type 
Raised 
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No
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Local Amount - CNY 100M
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Subsector

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Keywords

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Subsector

Aerospace

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Subsector

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Keywords

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Co-Investors
Investors
6
3

Number of lead investors

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Number of investors

Investor 
Lead 
Round 
Partners 
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Post-IPO Equity
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Post-IPO Equity
Chinese Academy Of Sciences

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Asset Management, Financial Services, Finance

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San Francisco, CA, USA

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Keywords

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Location

New York, NY, USA

count Of Investments

437

count Of Exists

81
Acquisitions
7

PLTS acquired by Lenovo

acquirer

Lenovo
Lenovo

date

14.06.2022

type

Acquisition

price

$613M

PLTS

PLTS offers operational expertise, go-to-market capabilities, technical development capabilities, and a pool of highly skilled talent.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Information Technology, Consulting

Location

Hong Kong Island, Hong Kong

Fujitsu - PC business acquired by Lenovo

acquirer

Lenovo
Lenovo

date

06.10.2016

type

Acquisition

Fujitsu - PC business

Fujitsu is selling its personal computer business to focus on IT services and other ventures.

Sector

Software and Computer Services

Subsector

Software

Location

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Motorola Mobility (a Lenovo Company) acquired by Lenovo

Motorola Mobility (a Lenovo Company) acquired by Lenovo

acquirer

Lenovo
Lenovo

date

29.01.2014

type

Acquisition

price

$2.91B
Motorola Mobility (a Lenovo Company)

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Subsector

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Exits
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Sector

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Subsector

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Keywords

Incubators, Education, Social Entrepreneurship

Location

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total raised

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CLEARink Displays

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Subsector

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Keywords

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Subsector

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Location

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total raised

$29.02M

People

Founders
1
Chuanzhi Liu
Chuanzhi Liu

Chuanzhi Liu

Chuanzhi Liu is the founder of Lenovo, the second largest computer manufacturer in the world. Liu graduated from Xi’an Military Communication Engineering Institution (now named Xidian University) in 1996. At the age of 22, Liu was sent to work at a state-owned rice farm near Macau in Guangdong province after making negative remarks against the Chinese cultural revolution. Liu returned to Beijing where he took up a post in 1970 as an engineer-administrator at the Computer Institute that had earlier developed the Number 104, Number 109 and Number 111 mainframe computers. Liu worked on the development of the Number 757 mainframe computer. In 1984 Liu resigned his post to become a cadre in the Bureau of Personnel Chinese Academy of Sciences. In 1984 along with ten other colleagues of the Institute of Computing Technology and an initial capital of RMB 200,000, Liu founded the New Technology Development Company, which was later named Legend. Liu was appointed as President of Legend in 2001 and functioned as Chairman of the company in 2009, a position he held till 2011. Liu has been awarded many accolades and honors, including the first prize of the ""Second National Hi-Tech Industry Pioneer Golden Award"", ""China's Outstanding Young Experts"", ""Man of Reform in China"", ""National Model Worker”, ""Asian Businessman of the Year"", ""Asian Star"", ""Businessman of the Year in China"" and also honors for contributions towards Sino-US relations.

current job

Lenovo Capital and Incubator Group (LCIG)
Lenovo Capital and Incubator Group (LCIG)

organization founded

3

Chuanzhi Liu

Employee Profiles
2779
Kevin Beck

Kevin Beck

Senior Story Technologist

Bryan Lail

Seo content writer

Brooks Hester

Sales operations manager

Alejandro Correa

Strategy director

Davida Walker

Inside account manager

John Gordon

President, commercial iot group

Harry Boyadjian

Smb 4p lead

Jennifer Phelan

Business transformation pm

Activity

Recent News
563
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