Key Developments: Lenovo Group Ltd (LNVGY.PK)

LNVGY.PK on OTC Markets Group

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1 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Connecticut launches probe into Lenovo Group Ltd use of Superfish software - Reuters
Monday, 2 Mar 2015 05:36pm EST 

Lenovo Group Ltd:Connecticut Attorney General George Jepsen's office said on March 2 it has launched an investigation into Lenovo Group Ltd's sales of laptops pre-loaded with Superfish software, which the U.S. government last month warned made users vulnerable to cyber attacks - Reuters.The office said that Jepsen last week sent letters to Lenovo and privately held software maker Superfish asking them to provide information, including contracts and emails that discuss their partnership.Reports that the pre-loaded software tracks users' web searching and browsing for advertising purposes are 'alarming revelations' that suggest Lenovo may have 'seriously undermined computer users' online security and privacy.  Full Article

Lenovo Group Ltd to stop pre-installing controversial software - Reuters
Thursday, 19 Feb 2015 11:34am EST 

Lenovo Group Ltd:Says on Feb 19 it will no longer pre-install software that cybersecurity experts said was malicious and made devices vulnerable to hacking - Reuters.Lenovo had come under fire from security researchers who said earlier on Feb 19 the company pre-installed a virus-like software from a company called Superfish on consumer laptops that hijacked web connections and allowed them to be spied upon.Superfish will no longer be pre-installed and has been disabled on all products in the market since January, when Lenovo also stopped pre-installing the software.  Full Article

Lenovo and U.K.-based Hartree Centre to advance energy-efficient computing
Tuesday, 17 Feb 2015 09:00am EST 

Lenovo Group Ltd:Enters into a joint research project with the Science and Technology Facilities Council's (STFC) Hartree Centre, focused on improving the energy-efficiency of high-performance computing systems.The Hartree Centre is a research collaboration between STFC's Scientific Computing Department and business, and focuses on bringing together the U.K.'s foremost facility dedicated to high-performance computing teamed with world-renowned experience and expertise.For this project, the Hartree Centre is researching the challenges of power consumption in computing and the performance effects of scale-out versus scale-up systems given a defined power budget.Hartree will also be developing software intellectual property and defining best practices regarding ARM-based server deployments.While ARM technology has shown promise, the biggest hurdle to overcome is the build-out of an ecosystem to support a production environment.As part of this collaboration, Lenovo is developing an ARM-based server prototype as an extension to their popular dense computing platform NeXtScale.  Full Article

Lenovo Group Ltd announces strategic alliance with Zenoss to improve IT service delivery
Thursday, 15 Jan 2015 10:00am EST 

Lenovo Group Ltd:Says strategic alliance with Zenoss, company in unified monitoring and analytics, to help enterprises and service providers improve IT service reliability, responsiveness and operational efficiency.With this agreement, Lenovo and Zenoss will extend the Zenoss Resource platform by adding ZenPack plug-in to Lenovo's lineup of x86 servers.  Full Article

China Information Technology Inc Announced Strategic Cooperation with Lenovo Group Ltd
Wednesday, 7 Jan 2015 06:00am EST 

China Information Technology Inc:Entered into a strategic cooperation agreement with Lenovo Group Ltd.According to the agreement, the company was designated by Lenovo as an authorized distributor of smart education terminals integrating CNIT software and cloud platform and Lenovo hardware including servers, laptops and tablet PCs for the Chinese market.  Full Article

Fixnetix selects Lenovo servers for Global Bank Customer
Thursday, 13 Nov 2014 11:49am EST 

Lenovo Group Ltd:Says that Fixnetix, a managed service provider (MSP), choose Lenovo as its x86 server technology partner for its managed services contract at one of the global banks.Estimated $3.5 mln deal, includes 700 System x3650 M4 servers, upgraded maintenance and flexible financing.  Full Article

Lenovo Group Ltd announces interim dividend
Wednesday, 5 Nov 2014 11:29pm EST 

Lenovo Group Ltd:Says that it has declared an interim dividend of HK$6 cents per share.  Full Article

Lenovo Group Ltd completes acquisition of Motorola Mobility from Google
Thursday, 30 Oct 2014 06:10am EDT 

Lenovo Group Ltd:Says acquisition of Motorola Mobility from Google is complete.Says acquisition of Motorola brand and Motorola's portfolio of smartphones like Moto X, Moto G, Moto E and DROID series, as well as future Motorola product roadmap, positions Lenovo as third largest maker of smartphones.Lenovo will operate Motorola as wholly-owned subsidiary.  Full Article

Lenovo Group Ltd advances ThinkPad mobile workstation software solution
Tuesday, 28 Oct 2014 12:00pm EDT 

Lenovo Group Ltd:Says its ThinkPad W540 mobile workstation will be used by Landmark, a Halliburton business line, to support Landmark's DecisionSpace G1 Edition solution for geoscientists.Lenovo and Landmark will provide users with the ability to perform resource-intensive geoscience workflows using the mobile workstation.  Full Article

Socialbakers announces social health index in partnership with Lenovo Group Ltd
Thursday, 23 Oct 2014 09:00am EDT 

Socialbakers:Announced the Social Health Index, developed in partnership with Lenovo Group.Says it provides brands with a single assessment of their social marketing performance across platforms, allowing them to easily measure and compare their entire social footprint in relation to their competitors over time.  Full Article

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Connecticut launches probe into Lenovo use of Superfish software

- Connecticut Attorney General George Jepsen's office said on Monday it has launched an investigation into Lenovo Group Ltd's sales of laptops pre-loaded with Superfish software, which the U.S. government last month warned made users vulnerable to cyber attacks.

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