Lenovo Makes First Software Buy to Expand in Cloud Computing

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Lenovo Group Ltd., the world’s second-largest maker of personal computers, agreed to buy Stoneware Inc. of the U.S. to gain cloud-computing products in its first acquisition of a software vendor.

Stoneware produces software used mainly by governments and schools to synchronize data across multiple mobile devices, Mark Cohen, a Lenovo vice president, said in a telephone interview. The closely held, Indianapolis-based company has 60 employees, he said, without disclosing terms.