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RumorTT: Lenovo thinking about acquiring BlackBerry maker, RIM

RumorTT: Research in Motion could be acquired by Lenovo to help their mobile business

| Business, Financial & Legal News | Posted: Jan 25, 2013 1:35 am

Research in Motion (RIM) aren't doing well these days, so the rumors of Lenovo acquiring them make sense right now. We have Lenovo's Chief Financial Officer, Wong Mai Ming, mentioning during an interview that Lenovo were looking at multiple companies for acquisition and strategic alliances in order to help their mobile business.

 

TweakTown image news/2/8/28095_04_rumortt_lenovo_thinking_about_acquiring_blackberry_maker_rim.jpg

 

According to Ming, one of these targets is the company behind the BlackBerry, RIM. Ming didn't talk about timeframes, or even whether they would eventually acquire RIM, but he did state that Lenovo would have no hesitation if the right opportunity was to drop at their feet that would benefit both the company itself, and its shareholders.

 

Lenovo doesn't have much of a presence in the US smartphone market, but they do have a decent amount of power in the Chinese market. Their upcoming K900 smartphone will be one of the first smartphones to launch featuring Intel's new dual-core Atom processor. The K900 is a 5.5-inch, 1080p IPS display-powered device that is just 6.9mm thick and weighs just 5.7 ounces. This should definitely have tongues wagging and the sheer mention of a RIM deal would have all ears listening if it were to happen.

NEWS SOURCE
Techspot.com

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