NEWS /
Microsoft To Sell $1 Bln Software To Lenovo
10 May, 2007, 3:18 pm IST |
Priyanka Pradhan
|
|
Lenovo Group Ltd. has signed an agreement with Microsoft Corp. to buy Windows, Office and other software suites for its personal computers in a deal worth as much as $1.3 billion. A Beijing-based spokesman for China's largest PC maker said on Thursday that the framework agreement, encompassing this fiscal year, had been signed on Wednesday in the United States with an estimated price tag of more than $1 billion. Details of the purchasing agreement would be finalised later, he added. "Our projection is the price tag could be as much as $1.3 billion for this fiscal year," the spokesman said. Lenovo's shares slipped 0.34 percent on Thursday morning, in line with the market's 0.35 percent dip. In November 2005, Lenovo became the first personal computer manufacturer to pre-install Windows on all of its product lines for the Chinese market, where software piracy is rampant. That agreement followed a Chinese government decree that required all PCs made in China to have licensed operating software installed before leaving the factory, as part of Beijing's efforts to crack down on piracy. The latest agreement is similar to one inked last year, worth $1.2 billion over a year, to pre-install Microsoft's Windows operating system software on Lenovo's computers. "Last year's agreement was executed very well," the spokesman said. Lenovo -- one of several Chinese companies trying to craft an international brand -- commands a dominant market share in Asia excluding Japan but faces fierce competition from Dell Inc. and Hewlett-Packard elsewhere. The Chinese firm is now vying with Taiwan's Acer Inc. for the mantle of world's third-largest PC manufacturer, after Dell and Hewlett-Packard. |
Tags: Lenovo , Microsoft , Windows Office , sofware , PC , Dell , HP
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
Market Watch: Tablets (Feb 2012)
Tablets have been making rounds for a while now, but it wasn’t until a few years back that this segment saw a sudden, ...
CES 2012: Lenovo unveils the IdeaTab S2 10, takes a cue from Asus
CES 2012: Lenovo's ThinkPad X1 Hybrid to feature two CPUs
Lenovo's Cedar Trail rocking S110 netbook promo video leaked
Lenovo's Do Network to turn ideas into reality
Lenovo announces ThinkPad X130e rugged notebook for students
Lenovo U300s Ultrabook Review
Leaked Images, Availability, Pricing,
Specs, Pre-order
How time flies. A few weeks ago the BlackBerry world was mad at RIM for a massive 3-day outage. Now,...
13 Feb, 2012, 05:11 PM IST
7.5
Off late, budget Android phones are being manufactured by the dozen by both local as well as International ...
Logitech ZAAG iPad2 Keyboard Case
1080p sample video from LG Prada 3.0 leaks online
13 Feb, 2012, 06:30 PM IST
Online retailer, Clove from UK has given the world a little sneak peak into the capabilities of LG’s upcoming ...
Komparify.com helps you choose the best mobile data plan
German scientists place chip into retina; bring hope to the blind
No more torrents on The Pirate Bay, starting 29th February
Asus Transformer Prime arriving on Feb 24th to India
Market Watch: Tablets (Feb 2012)
Tablets have been making rounds for a while now, but it wasn’t until a...
Resident Evil: Operation Raccoon City Interview
We sit down and talk to producer Mike Jones who assures us that fans have...
By Avinash Bali
Top smartphones under Rs. 15,000
The 15K budget has been a sweet deal for those not wanting to spend extra...
By Karan Shah
626 views
More from this Author
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Asus Transformer Prime arriving on Feb...
Market Watch: Tablets (Feb 2012)
Gabe Newell addresses Steam users...
Resident Evil: Operation Raccoon City...
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
