Lenovo Logo — Lenovo is a company manufacturer of computers, the second in the world and the largest in Africa and the Asia Pacific region (2006). Lenovo is an acronym for “I” (legend) and “novo” (pseudo- Latin for “again”), ie “New Legend”. The company produces desktops, laptops, servers, PDA and headset for cell phones . It also provides information technology integration and support services, and its QDI unit offers contract manufacturing.
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The company also offers access to Internet through its website FM365.com. Its headquarters is located in Raleigh, North Carolina, United States, the group home ThinkPad from IBM and Beijing, China. It is also incorporated in Hong Kong. Currently, 39.6% of Lenovo is owned by public shareholders, 42.4% of Legend Holdings Limite, IBM 7.9% and 10.1% of Texas Pacific Group, General Atlantic and Newbridge Capital LLC. Because the Chinese Academy of Sciences, an agency of the government of China, owns 65% of Legend Holdings, effectively the government of that country has 27.5% of Lenovo and is thus the majority shareholder. More