Posted Nov. 4, 2009 at 10:08 a.m.

Lenovo affiliates buying Japanese developer

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Local Tech Wire

TOKYO — One of Lenovo's sister companies in the Legend Holdings group announced Wednesday that it will invest as much as 4.5 billion yen ($49.9 million) in Japanese system developer SJI Inc.

Digital China Holdings is an information technology distributor unit of Legend. Digital China will take a maximum 40.9 percent stake through the deal, it said in an announcement.

Digital is doing the deal through two partly owned subsidiaries, Digital China Software (BVI) Limited  and King Tech Service HK Limited.

 

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