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What Lenovo Could Gain From Buying BlackBerry

A BlackBerry Z10 smartphone
A BlackBerry Z10 smartphone Photograph by Simon Dawson/Bloomberg

Lenovo executives can’t seem to stop talking about BlackBerry. First, the Chinese computer maker’s chief financial officer, Wong Wai Ming, told Bloomberg News in January that the company was “looking at all opportunities,” including the Canadian company formerly known as Research in Motion. Now BlackBerry’s share price is rising because Lenovo Chief Executive Officer Yang Yuanqing suggested his company is seriously considering acquiring it. Yang told French financial newspaper Les Échos that a deal with Waterloo (Ontario)-based BlackBerry “could possibly make sense, but first I need to analyze the market and understand what exactly the importance of this company is.”

A Lenovo spokesman says the company has not done “any specific evaluation or activity” for a BlackBerry deal. “Lenovo confirms that the company evaluates all growth opportunities on a regular basis,” Brion Tingler said in an emailed statement. “We continue to focus on driving organic growth while at the same time, as we have stated many times in the past, we will consider M&A when it is aligned with our Protect and Attack strategy.”