Rumor: Lenovo In Talks To Buy BlackBerry

Posted by Soulskill on Monday October 20, 2014 @12:31PM from the business-segments dept.

BarbaraHudson writes: The CBC, the Financial Post, and The Toronto Sun are all reporting a possible sale of BlackBerry to Lenovo. From the Sun: "BlackBerry shares rose more than 3% on Monday after a news website said Chinese computer maker Lenovo Group might offer to buy the Canadian technology company. Rumors of a Lenovo bid for BlackBerry have swirled many times over the last two years. Senior Lenovo executives at different times have indicated an interest in BlackBerry as a means to strengthen their own handset business. The speculation reached a crescendo in the fall of 2013, when BlackBerry was exploring strategic alternatives. Sources familiar with the situation however, told Reuters last year that the Canadian government had strongly hinted to BlackBerry that any sale to Lenovo would not win the necessary regulatory approvals due to security concerns. Analysts also have said any sale to Lenovo would face regulatory obstacles, but they have suggested that a sale of just BlackBerry's handset business and not its core network infrastructure might just pass muster with regulators."

1 of 73 comments (clear)

Min score:

Reason:

Sort:

Lenovo phones by Candyly · 2014-10-20 13:28 · Score: 1, Informative

As a Chinese, I am quite familari with Lenovo, lenovo phones, lenovo computers, a reliable Chinese supplier. For BlackBerry, I am not farmilar with this brand, and in my heart, foreign brand can not let me be at ease. But that not mean foreigh brand is poor, it is just a local person's thinking.