Compute Power
PIF-backed tech fund Alat inks $2 billion Lenovo deal
Under the deal, the Hong Kong PC giant will open a manufacturing plant, a research center and its Middle East and Africa headquarters in Riyadh
Alat CEO Amit Midha. (Photo: Getty Images)
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Saudi Arabia’s technology investment mega-fund Alat bought $2 billion worth of convertible bonds in Hong Kong PC giant Lenovo.
Under the deal, Alat has lured the world’s largest seller of personal computers to open a manufacturing plant to...