Lenovo to acquire software firm Stoneware in cloud-link push

Lenovo to acquire software firm Stoneware in cloud-link push

Summary: PC giant Lenovo will buy Stoneware, a U.S.-based software firm, to help connect devices to each other through the cloud.

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Lenovo will acquire software company Stoneware as the PC maker pushes to offer more cloud products.

The world's second largest PC maker by shipments already has a foot in the door with cloud-related services, which allow Intel-based computers to connect to cloud services through APIs, dubbed the "client to cloud" strategy. Lenovo's Secure Cloud Access already uses Stoneware's webNetwork, used to improve cloud application and device interaction through the browser.

Lenovo wants to boost its cloud offerings through the Stoneware acquisition to help customers and users remotely access data or control multiple devices through one terminal. 

All 67 employees from Stoneware's offices in Indiana and Utah will join Lenovo in the coming weeks. Terms of the acquisition were not disclosed. 

The U.S.-based Stoneware's webNetwork hosts cloud networks with "millions" of users, the firm says, serving primarily the education sector and the public sector.

"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 of Lenovo's product group. 

It comes only recently after Lenovo's push to Brazil expanded significantly with the acquisition of CCE, the country's largest consumer electronics companies. 

The Stoneware deal is expected to go through by the end of 2012.

Topics: Lenovo, Cloud, Smartphones, PCs

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