Infotech Lead Asia: Lenovo has acquired Stoneware to expand its cloud computing solutions.
Stoneware’s software technologies are assisting people and organizations to make the complex environment of cloud computing that much simpler.
The strategic acquisition will enable Lenovo to add significant 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.
Stoneware has several innovative cloud products – including webNetwork and LanSchool – that serve millions of users primarily in education and the public sector.
Following the acquisition, Lenovo will extend the reach of these products as well as new offerings. This apart, Lenovo will also help develop the opportunity to extend this technology, beyond the current strongholds that Stoneware has in government and in education, into more consumer-focused offerings over time.
“Adding Stoneware cloud computing into the Lenovo line up presents a significant opportunity to leverage their success, and enhance our PC Plus offerings, all to the benefit of our customers,” said Peter Hortensius, senior vice president, and president, Product Group, Lenovo.
The acquisition of Stoneware is important to Lenovo’s PC Plus strategy. With EMC, Lenovo aims to offer secure solutions to business customers and cloud-based technology to consumers.
“Lenovo is one of the largest and fastest growing technology companies in the world and for Stoneware, a small company with roots in the heartland of the United States, we are delighted to be given the opportunity to deliver real benefit to customers on a global stage,” said Rick German, CEO, Stoneware.
As part of this agreement, it is expected that all U.S.-based Stoneware employees will join Lenovo, and that there will be no job losses as a result of the acquisition.