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Thursday, January 24, 2013
Lenovo Interested In Buying RIM: report


A report is quoting China's Lenovo Group as saying a bid for the BlackBerry maker was among the options for boosting its mobile business.

"We are looking at all opportunities -- RIM and many others," Lenovo Chief Financial Officer Wong Wai Ming told Bloomberg in an interview at the World Economic Forum's annual meeting in Davos, Switzerland. "We'll have no hesitation if the right opportunity comes along that could benefit us."

Wong said Lenovo has spoken to RIM and its bankers about various combinations or strategic ventures, the Bloomberg report added.

Earlier this week, RIM chief executive, Thorsten Heins, said RIM might consider strategic alliances with other companies, following next week's launch of devices powered by RIM's new BlackBerry 10 operating system.

A RIM spokesman said the company had nothing new to report on its strategic review at this time.

RIM has struggled in recent years as its line-up of devices lost market share to Apple's iPhone and devices based on Google's Android operating system.

RIM now puts its hopes on the new touch-screen and keyboard devices, powered by its new BlackBerry 10 operating system.


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