Lenovo Looking To Fortify Its Mobile Business, Might Have Eyes Set On RIM
Research in Motion is preparing to launch its brand new BlackBerry 10 devices in less than a week but according to a Bloomberg report Lenovo might have some merger plans that include the Canadian company. The Chinese multinational computer maker is trying to boost its mobile business and executives are dropping hints about the options.
Lenovo’s Chief Financial Officer Wong Wai Ming said that the company is “looking at all opportunities, RIM and many others. […] We’ll have no hesitation if the right opportunity comes along that could benefit us and shareholders”. Lenovo already bought a giant in the past, IBM, while Research in Motion lost the majority of its users and market share to Apple’s iOS and Google’s Android.
Apparently there is a team in place at Lenovo looking at options which also include strategic alliances; however, the executive declined to comment on when or whether the company will decide to make its bid for a mobile-device maker.