| Report: Lenovo to Buy Large Brazilian Electronics OEM |
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| Written by Mike Buetow | |||
| Wednesday, 05 September 2012 08:20 | |||
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SAO PAOLO -- Lenovo reportedly will announce the acquisition of Brazilian electronics manufacturer Comércio de Componentes Eletrônicos today, according to published local reports. Lenovo chairman Yang Yuanqing has scheduled a press conference for later today to announce what is being called the company's largest-ever deal in Brazil. CCE reported operating revenues of BRL 1.6 billion ($783 million) in 2011. It makes branded DVD players, desktop and notebook computers, LCD displays, mobile phones, and other electronics.
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