Thursday, June 2, 2011

Lenovo buys Medion to overtake Apple in European market

Lenovo on Wednesday made a grab for market share on Wednesday by acquiring Medion. The buyout of the German PC builder was intended expressly to gain influence in Western Europe and should help it leapfrog multiple companies, including Apple. Its takeover would give it 14 percent of Germany and 7.5 percent of Europe, according to its own estimates and IDC data....

Source: http://feeds.macnn.com/click.phdo?i=7cff1c43bd9c151fb9d6336bef0602b1

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