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Report: Lenovo to make a bid for resurgent BlackBerry

Posted: , by Alan F.

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Report: Lenovo to make a bid for resurgent BlackBerry
Lenovo hasn't even finished consuming Motorola yet, and already there is talk that the company is looking at BlackBerry. Talk about Lenovo hooking up with BlackBerry started all the way back in January 2013. That is when the Chinese manufacturer's CFO, Wong Wai Ming, said that his company had been talking to BlackBerry's bankers, and the company itself, about strategic alliances.

Denying the report, Lenovo said that the rumors were just comments taken out of context. But two months later, Lenovo CEO Yang Yuanqing told a French publication that a BlackBerry acquisition "could make sense". Ten months later, Lenovo did make a huge acquisition. But instead of buying BlackBerry, the manufacturer picked up Motorola from Google, for $2.91 billion. Considering that the deal has yet to officially close, we'll leave the merits of the acquisition for future scholars to decide.

Last November, another bout of speculation began with talk that Canadian regulators had blocked a Lenovo purchase of BlackBerry due to national security concerns. This was taking place as a $9 a share buyout offer from BlackBerry's largest stockholder, Fairfax Financial, had collapsed.

Our attention now turns to a new report published this past weekend, which states that Lenovo will make a $15 a share bid for the manufacturer, with the game plan calling for a price as high as $18 if necessary, to snare the business-centric company. Last week, Lenovo said that it was forming a new company on April 1st (no joke) that will focus on online sales of internet based smart devices using "flash sales". Is it possible that Lenovo sees BlackBerry fitting into this picture somehow? BlackBerry does have a hot new high-end model, the BlackBerry Passport, that has sold out with only 200,000 units produced. While this has been done to better match up supply and demand, this plan does resemble the so-called "Hunger Marketing" technique employed by companies like Xiaomi.


source: Benzinga via GforGames

71 Comments
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posted on 20 Oct 2014, 09:57 4

1. roldefol (Posts: 4259; Member since: 28 Jan 2011)


Before the Motorola acquisition, I think this made more sense. I was all for Lenovo picking up BB the same way they picked up IBM PC. It seemed a good opportunity in enterprise mobile. Now I would rather they focus on Motorola and make them a strong mainstream player.

posted on 20 Oct 2014, 11:37 3

12. Johnnokia (Posts: 1093; Member since: 27 May 2012)


This does not make any sense... BlackBerry is very well known for its high security profile.. It could not be operated by Chinese intelligence agents.. Sorry.. I am not racist but these are very bad news.

Hope BlackBerry persists as an independent great company.

posted on 20 Oct 2014, 14:48 2

28. meanestgenius (Posts: 11796; Member since: 28 May 2014)


Totally agree with you here, John(not that you probably care, but nonetheless).

I hope BlackBerry persists and remains an independent great company as well.

posted on 20 Oct 2014, 12:44

18. fzacek (Posts: 2486; Member since: 26 Jan 2014)


Yup, I don't want Motorola to wither away under their ownership...

posted on 20 Oct 2014, 09:58 2

2. Settings (Posts: 1602; Member since: 02 Jul 2014)


Is it me or just Lenovo is Google in sheep's clothing?
Buying the competition then pronounce its their innovation.

posted on 20 Oct 2014, 10:00 6

3. snowgator (Posts: 3586; Member since: 19 Jan 2011)


Careful..... Your bias is showing.

posted on 20 Oct 2014, 10:44

9. Settings (Posts: 1602; Member since: 02 Jul 2014)


Why would they need another mobile phone buy out? Expansion? Blah. Alliance? Blah. They're after BB's patents, product and portfolio. If its in their hands, they have all the rights to say that they lead or something.

posted on 20 Oct 2014, 13:27

21. Suo.Eno (Posts: 498; Member since: 17 Feb 2013)


"BB's patents, product and portfolio."

Well if they actually succeed at that, no added bragging are necessary bro the media is gonna do that for them instead, with all the analyses going back and forth.

More practical to assume that Lenovo is gunning for "active" BB stuff that they can use like yeah the back end biz/enterprise services.

posted on 20 Oct 2014, 10:03 3

4. roldefol (Posts: 4259; Member since: 28 Jan 2011)


I actually like Lenovo more than, say, HP. Snatching up IBM PC was huge, and they've done well with it. It was weird to see them snatch Moto too, another ancient US tech company, but I would rather them than Huawei or Xiaomi.

posted on 20 Oct 2014, 10:49 1

10. shuaibhere (Posts: 1986; Member since: 07 Jul 2012)


More like microsoft with xbox??

posted on 20 Oct 2014, 11:54 2

13. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


You mean like Apple and Microsoft have done?

posted on 20 Oct 2014, 12:08 1

14. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


Google bought youtube, android, waze, motorola to name a few.

posted on 20 Oct 2014, 14:27 1

26. meanestgenius (Posts: 11796; Member since: 28 May 2014)


Apple has bought Beats, BroadMap, PrimeSense, the company that created Sir I and more as well:

http://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple

posted on 20 Oct 2014, 14:45

27. meanestgenius (Posts: 11796; Member since: 28 May 2014)


*Siri

posted on 20 Oct 2014, 18:27

35. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


Your point?

posted on 20 Oct 2014, 20:30 2

44. meanestgenius (Posts: 11796; Member since: 28 May 2014)


And your point, for mentioning what Google has bought?

You know my point very well. Do not presume that you do not, Mxy.

You just can't stand it when someone throws your own crap right back at you.

posted on 20 Oct 2014, 17:32 2

33. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


You're kidding right troll? Please don't act as if Siri, Beats Music, broad map and prime sense weren't all bought by Apple.

Your stupidity knows no bounds.

posted on 20 Oct 2014, 18:28

36. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


I never said they weren't now did I?

posted on 20 Oct 2014, 18:44 1

37. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


Then you should've included them in your comment. Instead trolling everything that isn't Apple like you usually do.

Do I really have to put up the link again that proves you troll everything that's not Apple?

posted on 20 Oct 2014, 19:59

40. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


in case you're not comprehending it, you mentioned Apple and Microsoft which in turn I responded with my comment. Honestly this is simple comprehension.

posted on 20 Oct 2014, 20:21 2

42. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


In case you're not comprehending it and think everyone is too stupid to notice... You're a TROLL. You troll everything not Apple related posted on PA and are not even man enough to pet he fact that you're a troll. But don't worry, I will remind you every single time I see you trolling.

It's really not that hard to comprehend. But let me put it as simple as the operating system you love so much:

You = TROLL.
Me = Don't like Trolls.

posted on 20 Oct 2014, 20:32

45. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


I'm using an Android phone.

posted on 20 Oct 2014, 20:39

48. meanestgenius (Posts: 11796; Member since: 28 May 2014)


Post a screen shot with proof that you are. Otherwise, you're just talking BS.

posted on 20 Oct 2014, 20:44

50. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


I guess I'm just talking bs then.

posted on 20 Oct 2014, 21:08 1

56. meanestgenius (Posts: 11796; Member since: 28 May 2014)


I know you are. Glad you admit it.

posted on 20 Oct 2014, 20:59 1

53. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


You're beyond a liar Mxy. I've seen you on several occasions talking to DarkkJedi about you and him and how you both use iPhone's. You're so pathetic.

posted on 20 Oct 2014, 22:19

64. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


You know people can switch devices right?

posted on 20 Oct 2014, 22:26

65. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


You know you're lying right?

posted on 20 Oct 2014, 23:00

69. meanestgenius (Posts: 11796; Member since: 28 May 2014)


You know you never owned an Android device, right?

posted on 20 Oct 2014, 20:38 2

47. meanestgenius (Posts: 11796; Member since: 28 May 2014)


In case YOU'RE not comprehending it, you attempted to demonize Google for something that Apple has done in spades. Apple even goes as far as to say that THEY invented the very tech that they have purchased. Even the tech Apple COPIES they attempt to pass off as their innovation. I simply threw in your face the one thing that Apple actually does better than Google: purchase other companies for their tech, rather than innovate/create their own.

Don't like it when facts are placed smack-dab in your face, now do you?

posted on 20 Oct 2014, 20:45

51. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


Lol who says I was demonizing google about acquisitions? You assumed that. Only thing I'll demonize google for is ruining Youtube.

posted on 20 Oct 2014, 21:00 1

54. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


You troll Google as much as you troll BlackBerry. You don't have an honest bone in your body do you?

posted on 20 Oct 2014, 22:41

67. Mxyzptlk (Posts: 13103; Member since: 21 Apr 2012)


Don't try and paint yourself as a saint.

posted on 20 Oct 2014, 23:00

70. meanestgenius (Posts: 11796; Member since: 28 May 2014)


You mean like you try to do?

posted on 20 Oct 2014, 21:11

57. meanestgenius (Posts: 11796; Member since: 28 May 2014)


Way to avoid the facts thrown in your face. And way to ignore the fact that Apple acquires companies because they lack innovation.

posted on 20 Oct 2014, 12:45

19. fzacek (Posts: 2486; Member since: 26 Jan 2014)


Unlikely conspiracy...

posted on 20 Oct 2014, 14:49

29. jroc74 (Posts: 6006; Member since: 30 Dec 2010)


"Buying the competition then pronounce its their innovation."

Only Apple does this or does it more blatantly. Google to my knowledge has never done it or has as much as Apple.

posted on 20 Oct 2014, 17:33

34. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


Stop trolling. That's an Apple and Microsoft thing. Not Google.

posted on 20 Oct 2014, 19:12

38. Venkatramanan (Posts: 310; Member since: 15 Aug 2014)


All big companies does the things since they have money. Android is example for google's acquisition.

posted on 20 Oct 2014, 19:25 1

39. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


Then don't single out one company when they all do it. Otherwise it's trolling. Especially if you're known to troll everything except Apple products like Mxy.

posted on 20 Oct 2014, 22:01

60. Venkatramanan (Posts: 310; Member since: 15 Aug 2014)


I just answered your comment saying that "That's an Apple and Microsoft thing. Not Google". But i told that all big companies including apple, Microsoft and Google does. As per your statement, can we say you troll in favor of Google?

posted on 20 Oct 2014, 22:18

63. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


Nope! You can't. Because I don't go to every non-related Google post and troll. Mxy goes to every Google and BlackBerry related posts and trolls hard.

posted on 20 Oct 2014, 22:12

61. Venkatramanan (Posts: 310; Member since: 15 Aug 2014)


Where did you see i was trolling in favor of Apple? In fact you have supported me in one Blackberry article while i supported blackberry and commented against the guy who was a stock holder of apple. Do you remember?

http://www.phonearena.com/news/Canadian-BlackBerry-users-find-their-handsets-to-be-more-durable-and-secure-than-those-made-by-rivals_id61305/comments/page/2

posted on 20 Oct 2014, 22:16

62. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


Never said you were. I said Mxy was. Learn to read.

posted on 20 Oct 2014, 22:37

66. Venkatramanan (Posts: 310; Member since: 15 Aug 2014)


Sorry I understood wrongly.

posted on 20 Oct 2014, 22:45

68. BobbyDigital (Posts: 1949; Member since: 29 May 2014)


No worries.

posted on 20 Oct 2014, 10:08 1

5. snowgator (Posts: 3586; Member since: 19 Jan 2011)


What is BlackBerry's game plan? Is it truly to be the #1 business option in wireless, they do not need to be bought out. If this is just treading water to look good, then Lenovo is as good as a company as any to infuse money and focus into this company that basically ushered in the modern wireless industry.

posted on 20 Oct 2014, 10:16 2

6. greenelektron (Posts: 531; Member since: 10 Sep 2014)


Tech companies are like Pokemons. Lenovo gotta catch em all.

posted on 20 Oct 2014, 10:23

8. xperiaDROID (banned) (Posts: 5629; Member since: 08 Mar 2013)


Lenovo - Ash (Wait, Ash...Ashton Kutcher? WTF?)
IBM - Pikachu
Motorola - Squirtle
Apple - Psyduck (Sorry, had to include it here, although it's irrelevant.)

posted on 20 Oct 2014, 12:46

20. fzacek (Posts: 2486; Member since: 26 Jan 2014)


Google - Snorlax

posted on 20 Oct 2014, 10:20 4

7. ihavenoname (Posts: 1693; Member since: 18 Aug 2013)


Blackberry+ThinkPad= Business.

posted on 20 Oct 2014, 11:33 2

11. Doakie (Posts: 2009; Member since: 06 May 2009)


ThinkBerry!

posted on 20 Oct 2014, 12:12 1

15. sunday (Posts: 39; Member since: 15 Aug 2014)


These china companies can do everything to steal technology from others and the western world cant resist the billions of dollar they will offer. In 10 years china will control half of valuable tech in the world and its a big blow to usa

posted on 20 Oct 2014, 12:18 1

16. corporateJP (Posts: 2431; Member since: 28 Nov 2009)


I have worked with Lonovo reps from China in the past, and I will tell you, hands-down, these guys are dedicated and passionate about everything they do.

I teared a little when Moto was sold to them, but I know, just like IBM's PC business, that it will be in good hands.

Blackberry will be the interesting part simply based off of corporations and governments. as most of these entities have a hard time with Chinese-owned manufacturers supplying equipment due to different types of espionage.

posted on 20 Oct 2014, 13:30 1

22. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)


"as most of these entities have a hard time with Chinese-owned manufacturers supplying equipment due to different types of espionage."

Canadian govt. nixed one suitor for RIM before they changed their name to BB for just such a security concern. No offer was even on the table - the govt. just got out in front and said no way, not gonna happen.

Even if the rumors are true, this cake ain't baked by any stretch.

posted on 20 Oct 2014, 14:51

30. meanestgenius (Posts: 11796; Member since: 28 May 2014)


Agreed. Canada didn't go to it then, and they won't go for it now.

posted on 20 Oct 2014, 12:20 1

17. Napalm_3nema (Posts: 2185; Member since: 14 Jun 2013)


If Lenovo buys BB, say goodbye to US government business.

posted on 20 Oct 2014, 13:31 1

23. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)


See my post 22 above. Canadian govt. will nix the deal.

posted on 20 Oct 2014, 13:43 1

24. eidsonb (Posts: 14; Member since: 15 Oct 2014)


Will Never Happen....but with Barry as President nothing shocks me anymore

posted on 20 Oct 2014, 14:19 1

25. meanestgenius (Posts: 11796; Member since: 28 May 2014)


This rumor will not pan out. Not only is the Canadian government not going to allow it, but BlackBerry would stand to lose a large chunk of its installed base in the U.S. government. BlackBerry will not jeopardize losing its business in any government. There is just too much of a security concern.

On a side note, I personally like the idea of BlackBerry perhaps PARTNERING up with Lenovo, with Lenovo buying a small stake in BlackBerry. A PARTNERSHIP could prove beneficial to both parties. Sadly, I don't see that happening either, for reasons that I mentioned above.

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