Lenovo Group is a computer technology company that manufactures personal computers, smartphones, televisions, and wearable devices.


Last Funding Type
Post-IPO Equity
Last Funding Money Raised
Founded date
Jan 1, 1984
Number Of Employee
10001 - max
Operating Status
Stock Symbol
Legal Name
Lenovo Group Ltd.
Also Known As
联想集团,Lianxiang Jituan,联想集团有限公司,Lenovo Corporation

Lenovo is one of the world's leading personal technology companies, producing innovative PCs and mobile internet devices. A global Fortune 500 company, Lenovo is the world's largest PC vendor and fourth largest smartphone company.

While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984, Legend Holdings was formed with 200,000 RMB (US$25,000) in a guard house in China. The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981.

Today, Lenovo is a US$39billion personal technology company with more than 54,000 employees (including joint ventures) in more than 60 countries serving customers in more than 160 countries. Lenovo is a global company that is incorporated and headquartered in Hong Kong, with operational centers located strategically around the world , with the largest in Beijing and Morrisville, NC. These operational centers drive Lenovo’s global and local business approach.

Lenovo has grown faster than the market for more than four years because our exceptionally engineered products are meant for those who do. Our customers use innovation to bring progress to the world, and we design and build our products with this in mind, taking inspiration from the drive and imagination of the people who make things happen. Our technology helps those who do, do better.

Whether a PC, smartphone, tablet, smart TV, server, workstation or storage, Lenovo makes the products that customers need for what we call the "PC+ world." Lenovo is creating real differentiation from the competition thanks to its vertically integrated end-to-end business model. This model is unique among major PC makers and is a significant source of competitive advantage, helping us to bring more innovation to market, more efficiently, and aggressively attack the PC+ opportunity.

And as Lenovo expands globally, we are establishing even deeper roots in each major market, investing not only in sales and distribution, but also in local domestic manufacturing, R&D and other high-value functions. This global reach with local excellence is enabling us to build a new kind of company - a "global-local" company - and positions us to more deeply implement our protect and attack strategy and build the foundation for long-term success.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
Lenovo has raised a total of $850.02M in funding over 2 rounds. Their latest funding was raised on Oct 3, 2017 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 3, 2017 Post-IPO Equity $500M 2 Detail
Mar 31, 2005 Post-IPO Equity $350M 3 Detail
May 17, 2000 IPO Detail
Nov 1, 1984 Funding Round $25K 1 Detail


Number of Investments
Number of Lead Investments
Lenovo has made 32 investments. Their most recent investment was on Oct 14, 2022, when Direct Drive Technology raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Series A Electronics Yes
Series Unknown Consumer Electronics Yes
Mar 16, 2022 holo|one
Series A $8M Information Technology
Jan 5, 2022 Sensel
Series B $18.80M Consumer Electronics
Dec 28, 2021 Starblaze
Series B ¥500M Cloud Storage


Number of Lead Investors
Number of Investors
Lenovo is funded by 6 investors. Legend Holdings and The Parent Company are the most recent investors.
Investor Name Lead Investor Funding Round
Legend Holdings Post-IPO Equity
The Parent Company Post-IPO Equity
General Atlantic Post-IPO Equity
Newbridge Capital Post-IPO Equity
TPG Post-IPO Equity
Chinese Academy Of Sciences Funding Round

Employee Profiles

Number of Employee Profiles
Lenovo has 68 current employee profiles, including Executive Jon Pershke


Lenovo has had 2 exits. Lenovo most notable exits include NIO ,   Neura

Date Company Name Exit Type Industry
May 20, 2022 NIO IPO Automotive Detail
Oct 5, 2021 Neura M&A Artificial Intelligence Detail


Lenovo has acquired 8 organizations. Their most recent acquisition was IBM Personal Computing Division on Dec 7, 2004. They acquired IBM Personal Computing Division for $1.75B.

Date Company Name
Industry Acquisition Type Price
Information Technology acquisition $ 1.75B Detail
Mobile Detail
May 31, 2011 Medion
Electronics Detail
Sep 18, 2012 Stoneware
Cloud Computing Detail
Mobile acquisition $ 2.91B Detail