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Lenovo acquires Switchbox Labs, terms undisclosed

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Lenovo has acquired Seattle-based Switchbox Labs, Inc. for an undisclosed amount, according to the PC maker on Wednesday.

Switchbox co-founders Michael Sievert, Robert Dickinson and Blake Ramsdell will join Lenovo. Sievert has been named a senior vice president of the company and will report directly to CEO William Amelio.

Switchbox Labs focused on developing new consumer technologies. The company’s development projects are confidential, but will continue under Lenovo ownership. It is expected that Switchbox technologies will be integrated into Lenovo products in the future.

Prior to co-founding Switchbox Labs, Sievert was corporate vice president at Microsoft, and has held senior management positions at AT&T Wireless and E* TRADE Financial.

“Innovation is the lifeblood of our company, and despite the current challenges in the worldwide economy and PC industry, we are committed to investing in strategies and technologies that will help deliver exceptionally engineered products and services to our customers,” said Amelio. “Switchbox Labs is doing some interesting work, and we are pleased that Switchbox and Mike are joining Lenovo.”

Terms and conditions of the sale have not been disclosed.