Lenovo buys Medion

Lenovo targets European growth with Medion acquisition

China’s Lenovo is buying a leading German computer business, valued at $831 million, to help drive growth in Europe.

<div style="text-align: left;"> Lenovo's acquisition of Medion makes it Germany's third-biggest computer company </div>

Nick Ferguson

June 02, 2011

Lenovo is back on the acquisition trail after agreeing to buy German computer company Medion. It is the Chinese company’s biggest acquisition since its landmark takeover of IBM in 2004 — a deal that launched a thousand seminars on the “China outbound” phenomenon.

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