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General

Lenovo creates Capital and Incubator Group

Monday 9 May 2016 | 10:51 CET | News
Lenovo has launched the Lenovo Capital and Incubator Group (LCIG). The entity seeks to integrate Lenovo's global resources, enhance its internet services and intelligence ecosystem via investments and boost innovation within and outside of Lenovo, the company said. LCIG will invest in core-technology and internet-related areas globally. LCIG plans to invest USD 500 million initially in projects through the Lenovo Capital Phase II Investment Fund, which will focus on areas including cloud computing, big data, artificial intelligence, robotic and internet services.

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Categories: General
Companies: Lenovo
Countries: World
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