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Lenovo weighing up RIM takeover

Lenovo is mulling a takeover bid for erstwhile Canadian smartphone giant Research In Motion, according to one of the Chinese firm's top executives.

Interviewed by Bloomberg (opens in new tab) at the annual World Economic Forum in Davos, Switzerland, Lenovo CFO Wong Wai Ming claimed that his company was increasing its efforts to break into mobile and was already in talks with RIM over potential strategic ventures.

"We are looking at all opportunities - RIM and many others. We'll have no hesitation if the right opportunity comes along," Wong said.

A Lenovo spokesperson later sought to downplay Wong's comments, saying that he was speaking generally about the firm's business strategy.

Observers are sceptical about the prospect of an outright takeover by Lenovo, not least because any such deal would require approval from the Canadian authorities - Prime Minster Stephen Harper is on the record as describing RIM as a "crown jewel" of the North American nation.

Moreover, Lenovo's potential interest in RIM is likely to hinge on the success of the Canadian company's upcoming BlackBerry 10 operating system (opens in new tab).

As such, any deal likely to be hashed out in the near future would probably take the form of a strategic partnership, rather than a wholesale acquisition.

RIM has recently conceded that it is open to licensing out BB10 (opens in new tab)to third-parties as part of its ongoing restructuring drive.

James is a freelance editor, journalist, and writer with 10+ years experience in digital media, SEO and news writing. He has produced content on a number of Future sites, including TechRadar, ITProPortal, Tom's Guide, and T3, and was Senior Staff Writer at ITProPortal.