Stoneware produces software used mainly by governments and schools to synchronize data across multiple mobile devices. Lenovo will help Stoneware branch out its cloud products into more consumer-focused products.
Earlier this month, Lenovo agreed to buy CCE, Brazil’s largest maker of consumer electronics, for about $148 million in a mix of cash and stock. That acquisition is expected to close in the first quarter of 2013.
Lenovo also recently said it would acquire Brazil consumer technology giant Digibras for approximately $147 million. The PC maker continues to plow resources into Brazil and other emerging economies.
Back in 2005, Lenovo bought the PC division of International Business Machines Corp. (NYSE: IBM). And last year, the company acquired control of Medion, a German computer maker, and the PC unit of Tokyo-based NEC Corp.