(PR) Lenovo Completes Acquisition of 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. "By bringing firmware development in-house, we are strengthening our core engineering capabilities and gaining greater control over one of the most critical layers of the computing experience. This will enable us to accelerate innovation, enhance security, and deepen our vertical integration, while also unlocking meaningful cost efficiencies. With its strong heritage and leadership in firmware, Phoenix Technologies brings differentiated expertise that will further strengthen our portfolio."
"This transaction is a strategic step forward for Lenovo," said Luca Rossi, President of Intelligent Devices Group, Lenovo. "By bringing firmware development in-house, we are strengthening our core engineering capabilities and gaining greater control over one of the most critical layers of the computing experience. This will enable us to accelerate innovation, enhance security, and deepen our vertical integration, while also unlocking meaningful cost efficiencies. With its strong heritage and leadership in firmware, Phoenix Technologies brings differentiated expertise that will further strengthen our portfolio."

























































































































































































































































































































