Lenovo today announced the acquisition of Stoneware Inc., to enhance and expand its cloud computing solutions, a key component of Lenovo’s product portfolio.
As a result of this acquisition, Lenovo will add new technologies and accelerate its capabilities for both commercial and consumer cloud offerings, particularly the ability to provide secure content across multiple devices in education and government.
The acquisition is expected to be completed by the end of 2012 and in the coming weeks the Stoneware team will be fully integrated into Lenovo. The Stoneware team will remain in Indiana and Utah and will continue to sell both webNetwork and LanSchool.
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