Dennis Faas's picture

Lenovo May Buy BlackBerry Maker

Lenovo, the world's second-largest PC manufacturer, is reportedly considering the acquisition of troubled smartphone company Research in Motion (RIM). Reports suggest that the PC maker could use RIM, which produces the popular BlackBerry device, to ... expand its burgeoning smartphone business. Bloomberg notes that Lenovo is currently "assessing potential acquisition targets" and that those targets may include Waterloo, Canada-based RIM. The latter has been in financial trouble for some time, though its stock has rebounded in recent weeks as the firm prepares to launch its highly-anticipated ... (view more)

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