Lenovo buys Phoenix Technologies' firmware business

Lenovo Group Limited (HKSE: 992) (ADR: LNVGY) (together with its subsidiary, “Lenovo” or the “Group”) today announced it has completed the acquisition of Phoenix Technologies’ firmware (BIOS) technology business registered in Dublin, Ireland, including its related intellectual property and expertise. The acquisition brings firmware development and additional core software expertise in‑house, enhancing Lenovo’s ability to manage critical firmware across its entire PC portfolio and, over time, across other AI‑enabled devices.“This transaction is a strategic step forward for Lenovo,” said Luca Rossi, President of Intelligent Devices Group, Lenovo.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Lenovo StoryHub.