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Lenovo considering to buy RIM

Posted on Friday, January 25 2013 @ 13:49:47 CET by


Lenovo logo
A senior Lenovo executive revealed the Chinese PC builder may consider RIM as an acquisition target. Lenovo chief financial officer Wong Wai Ming says the company has held talks with RIM and its bankers about various combinations or strategic ventures.
But Lenovo, which vaulted into the personal computer market with its 2005 purchase of IBM's PC division, would face formidable hurdles if it tried to buy a company that Canadian Prime Minister Stephen Harper once described as a national "crown jewel." The Chinese company would also encounter tough regulatory scrutiny in Washington, cybersecurity experts say.

Lenovo, on track to become the world's largest PC maker, has held talks with RIM and its bankers about various combinations or strategic ventures, its chief financial officer, Wong Wai Ming, said on Thursday.

"We are looking at all opportunities - RIM and many others," Wong 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."




 



 

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