Lenovo eyeing off a BlackBerry takeover: report

PC-maker Lenovo has joined the growing list of companies rumoured to be considering buying out beleaguered phone-maker BlackBerry.


(Credit: Josh Miller/CNET)

The Wall Street Journal is reporting that Lenovo has signed a non-disclosure agreement to look at BlackBerry’s financials.

BlackBerry has been quite open about wanting a buyer, and back in March, Lenovo CEO Yang Yuanqing said that the company would be interested in exploring a deal if the market was right.

Lenovo does make its own range of smartphones, but these don’t have much traction outside of China. The BlackBerry brand could allow the company to access new markets around the globe.

Of course, Lenovo’s Chinese ownership may create some issues given BlackBerry’s government contracts in both its home of Canada and south of the border in the US.

BlackBerry does have an offer on the table from Fairfax Financial, but this is yet to be finalised.

Check Also

8 New Google Products We Expect to See This Year

Google’s device line could end up having a particularly important moment in 2023. The company usually announces new Pixel products throughout the year. Google is expected to release its first foldable phone this year, however, which would directly compete with Samsung’s proven line of Galaxy Z Fold devices. Google also introduced its own ChatGPT rival, …

Leave a Reply