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Lenovo CEO interested in buying BlackBerry?

Posted: , posted by Alan F.

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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.

Lenovo CEO could be dreaming about buying BlackBerry
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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