Lenovo acquires Stoneware to expand cloud products portfolio:
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.
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