Lenovo CFO says company is examining 'RIM and many others' as possible targets for mobile dealAlex Wagner - Deputy Managing Editor, News Desk
RIM has had a bit of a rough time recently, and as a result, the company has been conducting a strategic review that CEO Thorsten Heins recently said could involve software licensing or a sale of its hardware division. Today possible option has sprung up, as Bloomberg is reporting that Lenovo CFO Wong Wai Ming said in an interview that his company is examining "RIM and many others" as possible targets for an acquisition or some other deal. Wong went on to say that Lenovo has talked to RIM and its bankers about possible agreements that they could come to. The exec wouldn't reveal if Lenovo planned to actually go through with a bid for RIM, but he did say that he and the company will "have no hesitation if the right opportunity comes along that could benefit us and shareholders.”
Lenovo isn't a huge player in the mobile industry here in the U.S., having only released a handful of Android and Windows-powered tablets. However, the firm has done quite a bit of work in China, releasing several handsets in the past and recently revealing another batch that'll be launching in 2013. While we'll have to wait and see what kind of deal RIM and Lenovo could reach, if they come to an agreement at all, such a move could help give a boost Lenovo's smartphone business thanks to RIM's experience in crafting software and hardware. What do you all make of this report? Do you think that some company will eventually reach a licensing deal or acquisition agreement with RIM, or will the BlackBerry manufacturer keep going it alone for the foreseeable future?