Lenovo CEO interested in buying BlackBerry?

Lenovo CEO interested in buying BlackBerry?
Now that the BlackBerry Z10 has been launched, although not in the U.S., the question about the Canadian's OEM survival as an independent company still has not been answered. Enter Lenovo CEO Yang Yuanqing who was asked by French publication LesEchos about a possible acquisition of BlackBerry by the Chinese manufacturer. "As for BlackBerry, the file could possibly make sense. But first I have to analyze the market well and understand what is the exact weight of this company," said the executive, in response to the question.

This isn't the first time this year that Lenovo has been linked to a possible purchase of the Canadian smartphone and tablet producer. Late in January, Lenovo CFO Wong Wai Ming said that the company had met with BlackBerry (then called RIM) and with its bankers to discuss a combination or a strategic alliance. But Lenovo later said that the comment was in response to a question posed by a journalist, and that Wang's response was talking about the company's general M&A strategy.

A purchase of BlackBerry by Lenovo might be difficult because Canadian regulators consider BlackBerry to be a "crown jewel" and with a number of U.S. government agencies wielding BlackBerry handsets, getting U.S. approval could be difficult as well.

source: LesEchos (translated) via BlackBerryOS

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16 Comments

1. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

LOL xD

2. ddxmms

Posts: 170; Member since: Feb 09, 2012

i think BlackBerry will be alright now after the release of bb 10 !

7. nikenturd unregistered

The Z10 is a flop...deal with it

10. donfem

Posts: 708; Member since: Mar 30, 2011

Very retarded staterment.. Have you bought one and used? Is it possible to retract your statement when it is a success? What is your definition of a "flop"? Considering it has not been released worldwide? I shudder to think you have any sense of rationale reasoning.

11. Dastrix unregistered

This might not be the case, but I think that his rationale pertains to the fact that BB10 is somewhat buggy, and updates haven't been addressed to fix them yet.

12. yowanvista

Posts: 341; Member since: Sep 20, 2011

It's indeed a flop, most BB10 Apps aren't even native. Blackberry went total retard by adapting and forking Android's Gingerbread Dalvik VM along with Android Apps, claiming that their platform had over 70,000 Apps at launch. Here stores and not gonna import BB10 smartphones because people don't simply want to invest in a platform that was dead on arrival.

3. mercorp

Posts: 1045; Member since: Jan 28, 2012

i pray that lenovo will not suffer hp's fate...

4. dragonscourgex

Posts: 307; Member since: Jan 16, 2012

I think BB should just keep doing what they are doing. Work on improving app selection and keep update flowing regular and they should do okay. The OS looks solid. Only thing that keeps me from considering them is the lesser ecosystem.

5. MC1123

Posts: 1256; Member since: Nov 12, 2012

a big NO!!! not any chinese company are allowed to buy BB coz BB's strong point is security and if those chinese company buy BB, they will suffer the same fate as what HP had with Palm (coz i really think nokia should bought palm instead) and besides BlackBerry, BB10 and Z10 is doing alright! support support support is the only thing that it needs, they got a very solid OS with them! love live BB as an independent company!

6. nikenturd unregistered

Sadly, ''security'' isnt a deal breaker these days....those weak BB Z10 sales figures should give you an idea

13. DigitalJedi_X2

Posts: 346; Member since: Jan 30, 2012

There you go again... Talking nonsense. Please show me this proof where BB10 sales are poor. I bet you have ABSOLUTELY NO PROOF save what you read from some ANALyst who has a vested interest in short selling stock. When the sales figures are released and you're proven wrong, PLEASE GO AWAY and never return.

8. BBGrind

Posts: 50; Member since: Jan 17, 2012

Yep, BB will be good, all they need is start selling the USA and they on the fast road to recovery.

9. jsdechavez

Posts: 802; Member since: Jul 20, 2012

It will be the death of Blackberry in America if a Chinese company buys it. haha

14. lauremar

Posts: 181; Member since: Feb 29, 2012

Um, Lenovo is used to be owned by IBM, an American company, so it's perfectly fine for BB to be acquired by Lenovo since IBM will have it's back.

16. -RVM-

Posts: 331; Member since: Oct 19, 2011

However, Lenovo nowadays has nothing common with IBM.

15. timtimity

Posts: 196; Member since: Aug 13, 2012

In my experience, a lot of people still see BlackBerry as a business phone. If they consider allowing their software to be used by different manufacturers they could receive more revenue. A Samsung, HTC or Sony phone running BB10 would be interesting to see.

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