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Wireless

Lenovo mulls buying RIM

Friday 25 January 2013 | 02:26 CET | News
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Lenovo is assessing potential acquisition targets and strategic alliances, including Research In Motion. "We are looking at all opportunities - RIM and many others," chief financial officer Wong Wai Ming told Bloomberg in an interview at the World Economic Forum in Davos. "We'll have no hesitation if the right opportunity comes along that could benefit us and shareholders." RIM began a review of its strategic options last year. Lenovo has a team working on possible acquisitions, and the company has spoken to RIM and its bankers about various combinations or strategic ventures, the CFO said.

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Categories: Mobile & Wireless
Companies: Lenovo / Research In Motion
Countries: World
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