 "Lenovo buys cloud computing firm Stoneware")
Hong Kong: Chinese personal computer maker Lenovo Group says it’s buying small US software company Stoneware as it seeks to gain a foothold in the rapidly growing field of cloud computing.
Lenovo did not say how much it was paying for Carmel, Indiana-based Stoneware Inc, but said the acquisition would not affect earnings.
The computer maker said Tuesday it was buying Stoneware to “enhance and expand” its cloud computing business.
[caption id=“attachment_460101” align=“alignleft” width=“380”]  Reuters[/caption]
The term refers to storing documents and software applications at remote data centers and allowing users to access them through smartphones, tablet computers, laptops and other Internet-connected devices.
Stoneware has 67 employees based in Indiana and Salt Lake City. The purchase is expected to be completed by the end of 2012.
AP
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