Lenovo sells its products in around 160 countries. Lenovo's principal facilities are in Beijing and Morrisville, with research centers in Beijing, Shanghai, Shenzhen, Xiamen, Chengdu, Nanjing, and Wuhan in China, Yamato in Kanagawa Prefecture, Japan, and Morrisville in the U.S. It also has a joint venture with NEC, Lenovo NEC Holdings, which produces personal computers for the Japanese market. Lenovo was founded in Beijing in November 1984 as Legend and was incorporated in Hong Kong in 1988. Lenovo acquired IBM's personal computer business in 2005 and agreed to acquire its Intel-based server business in 2014. Lenovo entered the smartphone market in
Virtual Computer would manage one. Virtual Computer was founded in November 2007 by the founder of Virtual Iron, Alex Vasilevsky, and the former co-founder and General Manager of Guardent, Dan McCall. The company was backed by investors including Highland Capital Partners and Flybridge Capital Partners. Virtual Computer has received over $20 million in funding from Highland Capital Partners, Flybridge Capital, and Citrix. In March 2011, Virtual Computer announced its collaboration with Lenovo to optimize Virtual Computer’s NxTop client virtualization and management solution on Lenovo's business-oriented systems. These include select models of Lenovo's ThinkCentre A and M series desktops and ThinkPad T and