Today, Lenovo announced their first compute stick, the Lenovo ideacentre Stick 300. Designed for consumer usage in the home and on-the-go, the new pocket-sized compute stick is powerful enough for entertainment and web browsing, while affordable enough for existing PC owners to justify owning a second or third mobile PC option. The ideacentre Stick 300 features an Intel Atom Processor Z3735F and Windows -- initially shipping with Windows 8.1 but will be eligible for a free upgrade to Windows 10 starting July 29.

For the wallet friendly starting price of US $129, this plug and play technology can transform almost any HDMI compatible TV or monitor into a Windows-based PC. The ideacentre Stick 300 does not look like a traditional computer, but it performs like one once a 2.4GHz wireless keyboard and mouse are added.

The Lenovo ideacentre Stick 300 will be available next month.