Lenovo thinking of buying RIM?

"We are looking at all opportunities - RIM and many others. We'll have no hesitation if the right opportunity comes along."-Wong Wai Ming, CFO, Lenovo
RIM's CEO earlier this week also said that RIM would consider a strategic alliance, even after the January 30th unveiling of BlackBerry 10. Any deal for the entire company would face regulatory battles in Canada where the Prime Minister has called the company a national "crown jewel," and Canada's Industry Minister Christian Paradis said that even a sale of the handset business could lead to a review before a deal was closed. A Lenovo deal for RIM would probably face U.S. regulatory review as well, since some government agencies in the U.S. still rely on the security of BlackBerry phones.
At least one analyst says that this talk of a Lenovo-RIM merger is all rubbish. "Anybody who's serious about buying a company doesn't go talking it up... It sounds to me like a comment made more for publicity's sake than a serious approach for RIM," said Charter Equity analyst Ed Snyder. "It is a very long shot at the best."
"A potential acquisition of RIM by Lenovo would raise a number of important security issues. Government employees are one of the largest users of RIM's BlackBerry products and the security of their communications has to be of paramount concern-Michael Wessel, Commissioner, U.S.-China Economic and Security Review Commission
source: Reuters
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