M&A Deal Summary

Lenovo Group Acquires MEDION AG

On June 1, 2011, Lenovo Group acquired electronics company MEDION AG

Acquisition Highlights
  • This is Lenovo Group’s 1st transaction in the Electronics sector.
  • This is Lenovo Group’s 1st transaction in Germany.

M&A Deal Summary

Date 2011-06-01
Target MEDION AG
Sector Electronics
Buyer(s) Lenovo Group
Deal Type Add-on Acquisition

Target

MEDION AG

Essen, Germany
MEDION AG is a producer of PCs, multimedia products, mobile communications services and consumer electronics.

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Buyer(S) 1

Buyer

Lenovo Group

Quarry Bay, China

Category Company
Founded 1984
Sector Technology Hardware
Employees72,000
Revenue 69.1B USD (2025)
DESCRIPTION
Lenovo Group's office in Santa Clara, California.
Lenovo Group's office in Santa Clara, California.

Lenovo Group is a provider of IT hardware. The Group engages primarily in the manufacturing and sale of desktop computers, notebook computers, mobile handsets, servers and peripherals. Lenovo Group was founded in 1984 and is based in Quarry Bay, China.


DEAL STATS #
Overall 3 of 9
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 5
Country: Germany M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-28 Switchbox Labs

Seattle, Washington, United States

Switchbox Labs, Inc. is a provider of consumer technology development services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-06 Digibras Industria Do Brasil

Manaus, Brazil

CCE is a manufacturer of personal computers and consumer electronics in Brazil. CCE’s products are marketed under a portfolio of well recognized brands such as CCE, CCE Info and CCE Mobi, and its manufacturing facilities are located in the Free Trade Zone of Manaus (Zona Franca De Manaus). CCE, together with its affiliates, is the largest employer in personal computing and consumer electronics in the North Region of Brazil. Since 2006, CCE has had partnerships with major international technology players including Intel, Microsoft and Qualcomm, in the production of desktop and notebook computers.

Buy $147M