Lenovo Eyeing RIM Partnership

  • Lenovo Chief Financial Officer makes statement
  • Looking at all opportunities
  • 3 percent rise in RIM stock

Lenovo is reportedly looking to pump up its mobile business through a partnership with Research in Motion.

  • Lenovo Chief Financial Officer makes statement
  • Looking at all opportunities
  • 3 percent rise in RIM stock

Lenovo is reportedly looking to pump up its mobile business through a partnership with Research in Motion. This is according to Lenovo Chief Financial Officer Wong Wai Ming when he spoke at the World Economic Forum in Davos, Switzerland.

"We are looking at all opportunities – RIM and many others," he said. "We'll have no hesitation if the right opportunity comes along that could benefit us and shareholders.”

The comment immediately ignited some excitement, including a 3 percent rise in RIM stock.

However, RIM has been going to and fro over the last year when it comes to hardware partnerships, moving from a firm no-sell policy to a more open consideration of selling its hardware production side after launch of BlackBerry 10.

According to reports, a Lenovo-RIM alliance can seem like a great ideal, however, there are significant hurdles that could easily break down Lenovo and RIM's partnership possibilities, mainly from government regulations.

An acquisition of RIM's size could require approval from the Canadian government to pass. Earlier this week, Canadian Industry Minister Christian Paradis responded to the possibility of a RIM sale, "We hope to see RIM remain a global leader and player, and make sure it can grow organically."

A deal could also be depended on the success or failure of BB 10 when it launches. RIM may be more open to a deal, but it isn't in any hurry to sell if BB10 is a success.

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