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Lenovo Clarifies RIM Acquisition Speculation

by Todd Haselton | January 28, 2013

Last week Lenovo’s chief financial officer made a statement that explicitly stated the firm has some form of interest in acquiring RIM. Specifically, he said Lenovo is “looking at all opportunities – RIM and many others.” The company’s public relations team is now trying to clarify that comment, however.

“We are aware that Lenovo’s CFO Waiming was speaking broadly about M&A strategy in a recent interview,” the company said in a statement provided to TNW. “RIM was raised as a potential target by the journalist and Mr. Wong repeatedly answered in a manner consistent with all of our previous statements on M&A strategy: Lenovo is very focused on growing its business, both organically and through M&A. When inorganic ideas arise, we explore them to see if there is a strategic fit.”

RIM also issued a statement reiterating its focus on BlackBerry 10 and its next-generation devices. Still, this isn’t the first time we’ve heard buzz around a possible RIM acquisition, and we doubt it will be the last.

TNW

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Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...