Lenovo exec open to some kind of deal with RIM

The stock price for Research in Motion has skyrocketed the past few weeks, including this week as its CEO Thorsten Heins gave hints that RIM might be open to deals such as selling off its hardware division or licensing its BlackBerry OS to third parties.

Now an executive for Lenovo has said the company has been trying to make some kind of deal with RIM. Bloomberg reports that Lenovo's Chief Financial Officer Wong Wai said in an interview today, "We are looking at all opportunities -- RIM and many others...We’ll have no hesitation if the right opportunity comes along that could benefit us and shareholders."

In RIM's specific case, Wai indicated that Lenovo has spoken to the Blackberry maker in the past for potential agreements or strategic ventures. However, he stopped short of saying if Lenovo might made a formal bid to buy some or all of RIM. A spokesperson for RIM would not comment on Wai's remarks.

This news comes just a few days before RIM is set to officially announce its launch plans for both its BlackBerry 10 smartphones and operating system. The company will hold multiple press events around the world on January 30 where it is expected that the company will announce a touchscreen smartphone and a QWERTY device for launch later in 2013.

Source: Bloomberg | Image via Lenovo

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11 Comments

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I think BB has a chance of building marketshare back with BB10 and they can easily slot into third place pretty quickly. A sale is an interesting prospect.

Edited by derekaw, Jan 25 2013, 8:13am :

Don't buy RIM. Buy patents. Make a better phone. Bring Blackberry services to your Android devices. Microsoft should buy RIM. take all of BBOS services and roll them into Windows Phone 9

that wont work i think... people who love blackberry will not instantly like windows phone.

however, a hardware manufacturers might pickup the BB10 as new choice to make handsets, vs WP8, iOS, Android...

Not sure why everyone thinks MS should buy every and anything going, they should fix their own stuff before going out and buying more that they will then fail to properly exploit.

Denis W said,
BB10 has some neat new ideas. I could see people being annoyed to see that jettisoned in favour of Windows Phone.

Agreed.
BB Balance
home/work personas on the phone
flick
the first intelligent multilingual on screen keyboard.

While I'm a huge Windows advocate, I would like to see RIM stand on their own with BB10 and make an honest go of it.

There is something to this platform.

deadonthefloor said,

Agreed.
BB Balance
home/work personas on the phone
flick
the first intelligent multilingual on screen keyboard.

While I'm a huge Windows advocate, I would like to see RIM stand on their own with BB10 and make an honest go of it.

There is something to this platform.

The Windows Phone 7.5 keyboard is multilingual and intelligent. At least, I can type in English, Portuguese, Italian and German (I only tested these, as I can only speak them, though Spanish and French I can read a bit).

TechieXP said,
Don't buy RIM. Buy patents. Make a better phone. Bring Blackberry services to your Android devices. Microsoft should buy RIM. take all of BBOS services and roll them into Windows Phone 9

I find it amusing that people generally:

(a) want to be different
(b) don't like change

That would be completely dumb considering that BB10 (QNX) is technologically superior to the competition.

If someone does buy I'm sure BB10 will live on. BB10 is not WebOS.

matt4pack said,
That would be completely dumb considering that BB10 (QNX) is technologically superior to the competition.

If someone does buy I'm sure BB10 will live on. BB10 is not WebOS.


Technological superiority is at best irrelevant, and often subjective. Being the most advanced has never, ever been a guarantee of success.

There was no shortage of people trumpeting the superiority of betamax, HD-DVD, or OGG. Doesn't change the fact that consumers didn't give a flying fark.