Lenovo ‘considering’ BlackBerry acquisition

Lenovo ‘considering’ BlackBerry acquisitionWell, the days of Nokia and BlackBerry dominating the smartphone scene are well and truly behind us. Microsoft is picking up Nokia (nice work, Elop), while BlackBerry is reportedly actively courting buyers.

One of those is said to be Chinese manufacturer Lenovo, and it’s supposedly signed a non-disclosure agreement to look at the ailing Canadian manufacturer’s books. Brace yourselves for lots of red, boys.

That’s the story on The Wall Street Journal, describing the situation as “the latest sign of the voracious appetite of Chinese companies for foreign acquisitions”, with credit going to – yes – anonymous “people familiar with the matter”.

Lenovo is a relative latecomer to the smartphone game, and while it tends to stick to China, acquiring BlackBerry would give it an immediate presence in the west.

Interestingly, while it’s probably fair to say your average Joe o’er here is blissfully unaware of Lenovo smartphones (different story for laptops, obviously), the Chinese manufacturer’s global smartphone share in Q2 was 4.7%, compared to 2.7% for BlackBerry.

The BlackBerry Fairfax deal announced in September is looking increasingly unlikely, with a breakup now seeming more plausible. The Journal does say, however, that Lenovo is considering "a bid for all of BlackBerry", which would be slightly less depressing.

Of course, any potential deal would inevitably raise the eyebrows of the United States Defense Department, having issued an estimated 470,000 BlackBerry devices to employees.

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5 comments

JanSt / MOD  Oct. 19, 2013 at 15:32

The US government customers would probably prefer to be spied on by the Chinese rather than the NSA :p

tapi  Oct. 19, 2013 at 18:04

Surprised it isn't Huawei to be honest. Though I expect they just anticipate any buyout being blocked, or at least deep suspicion from potential customers, so consider it's not worth the hassle. Shame, as I think their infrastructure experience combined with Blackberry's Backend would be a winner, basically guaranteeing a bomb proof service, with cheaper better handsets.

Ipeters4  Oct. 19, 2013 at 19:14

Even more surprised poundland haven't made an offer....

tapi  Oct. 19, 2013 at 19:59

Mind you, they could see it as a challenge to take up the mantle as a trusted provider http://slashdot.org/topic/datacenter/huawei-uses-nsa-scandal-to-turn-tables-on-accusers/

JanSt / MOD  Oct. 20, 2013 at 13:51

Mind you, they could see it as a challenge to take up the mantle as a trusted provider http://slashdot.org/topic/datacenter/huawei-uses-nsa-scandal-to-turn-tables-on-accusers/


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