Lenovo Group is considering making a bid to compete for the acquisition of the maker of BlackBerry smartphones, according to The Wall Street Journal. Citing “people familiar with the matter,” reveals that the Chinese company have signed a confidentiality agreement with the BlackBerry – that will examine the financial accounts of the Canadian company.
This would not directly comment on the matter. Only reaffirmed the fact that the special committee formed to analyze the future of the company being to evaluate “strategic alternatives.”
“We do not intend to disclose further developments regarding the process to approve a specific transaction or terminate the review of strategic alternatives,” the company said in a statement.
There are still a large number of enterprise and government customers using the BlackBerry platform. Therefore, any acquisition is likely to face scrutiny from regulators.
This test can be even more touchy in the case of Lenovo, for it to be based in China. Last year, the U.S. House Intelligence Committee, suggested that the use of networking equipment produced by two Chinese companies, ZTE and Huawei, could pose a threat to U.S. national security.
Two other organizations have expressed interest in BlackBerry. One of them, Fairfax Financial Holdings, has reached a preliminary agreement to acquire the manufacturer for 4.7 billion dollars. But has yet to be finalized.
Recently, Mike Lazaridis, one of the founders of BlackBerry, said to be working with a group possibly interested in acquiring the company.
(Martyn Williams, IDG News Service San Francisco)
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