Chinese buying up Canadian giant?
|One of the world's biggest PC makers is reported to be pouring over BlackBerry's books, having signed a non-disclosure deal agreement with the ailing company to view its accounts, reports Wall Street Journal.|
This is the latest twist in the BlackBerry sale story - it emerged last week that its co-founders too are mulling over a buyout of the company shares they don't already own, potentially putting a spanner in the works of the proposed buyout by Canadian Insurance company Fairfax Financial.
Lenovo could make good use of BlackBerry's mobile patents, manufacturing and other assets, considering the PC company is currently ramping up its smartphone unit.
The rumored takeover seems to be an increasing sign of the new economic power of Asian companies, snapping up struggling western companies.