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Lenovo looks at acquiring Blackberry

Chinese computer maker Lenovo is looking into a deal to possibly expand its smartphone market out of China by buying out smartphone maker Blackberry. Blackberry has been on the table for sale for a wire now and is actively looking for a buyer. CEO of Lenovo, Yang Yuanqing, expressed his interest in Blackberry under certain market conditions. Recently, Lenovo has filed a non-disclousure agreement to look at Blackberrys book to see the real position of their corporation. This could be a big move for both companies since Blackberry has been looking for a buyer for quite some time and since Lenovo has had experience buying into business dominant electronics companies like IBM. This interest may face large opposition from regulators since the US and Canada has a large relationship with Blackberry. Read More…

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