Lenovo acquires Stoneware to expand cloud products

Stoneware is the maker of cloud products used in the education and government sectors

Lenovo on Tuesday said it plans to acquire Stoneware, a small U.S. based company specializing in cloud products for schools and governments, as part of the PC maker's strategy to bolster its cloud computing offerings.

While Lenovo did not disclose financial terms of the deal, it said it expects to complete the acquisition of the Indianapolis-based Stoneware by year's end.

Stoneware is the developer of a webNetwork, a platform designed to unify an organization's IT services, along with LanSchool, another cloud-based product that allows teachers to distribute and manage content over classroom PCs and devices.

Lenovo plans to use Stoneware's technology to improve the PC maker's cloud products, with a focus on providing secure content for multiple devices in education and government fields. It said it also plans to use the Stoneware acquisition to create more consumer-based cloud offerings over time.

The Chinese company is already the world's second-largest PC vendor and poised to surpass Hewlett-Packard to take the top spot, according to analysts. But it is also focused on other hot gadget areas, including tablets, smartphones and smart TVs. Like others in the tech industry, Lenovo's goal is to create better cloud-based services that will make it easy for users to unify and synch content across all the devices they own.

As part of the acquisition, all 67 of Stoneware's employees will join Lenovo.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Michael Kan

IDG News Service
Show Comments

Father’s Day Gift Guide

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?