02.06.2011 02:50 Uhr, Quelle: Engadget

Lenovo buying Medion for up to $907 million, expects to double its German PC market share

It looks like you can expect to see a lot more of Lenovo in Deutschland. The company is buying German consumer electronics maker Medion -- a deal worth up to €629.4 million ($907 million), according to The Wall Street Journal. That makes it the company's biggest acquisition since it bought IBM's PC business back in 2004. Lenovo's end game: to boost its market share in Germany, which happens to be Europe's largest PC market. All told, it hopes to own 14 percent of the PC category there -- roughly double what it commands now -- and expects its share of the Western European computer market to hit 7.5 percent. Lenovo's announcement c

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