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No. 2 global PC maker Lenovo (OTCPK:LNVGY) makes its first software acquisition count, agreeing...

Sep. 18, 2012 2:23 AM ETLenovo Group Limited (LNVGY) StockLNVGYBy: Jason Aycock, SA News Editor
No. 2 global PC maker Lenovo (OTCPK:LNVGY) makes its first software acquisition count, agreeing to buy Utah-based Stoneware to gain technology related to synchronizing data across mobile devices. Lenovo VP Mark Cohen says the company will use the acquisition to build a "public cloud" for consumers - and take on Apple's iCloud service.

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