Posted by : Brij Bhushan Thursday 17 October 2013



It looks like the feeding frenzy for BlackBerry is still going on as there is a report saying that computer manufacturer Lenovo is “considering” tossing its hat into the ring to buy the smartphone manufacturer. According to the Wall Street Journal, Lenovo has signed a non-disclosure agreement to look at BlackBerry’s finances.


The news comes amidst BlackBerry’s uncertain future. Last month, there was talks about a group led by Fairfax Financial to pick up the company for $4.7 billion. In addition, its co-founders Mike Lazaridis and Douglas Fregin have also been mentioned about taking the company private.


Obviously it’s too early to tell whether Lenovo will put money down on the acquisition, but it’s not that surprising to see it show an interest now. In August, company CEO Yang Yuanqing told the Wall Street Journal that he recognized the importance of mobile and that the frequently changing landscape is something that Lenovo needs to adapt for. He did dodge the question about whether BlackBerry would be a potential acquisition, however.


More to follow. Please refresh for updates.





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