(Credit: RIM)
Lenovo isn't necessarily planning on acquiring Research In Motion, but it's always thinking of ways to grow its business, the company has told CNET.
In an interview last week with Bloomberg, Lenovo chief financial officer Wong Mai Ming said that his company is "looking at all opportunities" as it pertains to acquisitions, and a dialogue is open between RIM and Lenovo.
Soon after, the Web erupted with claims that Lenovo and RIM are talking about a buyout. However, in an e-mailed statement to CNET today, a Lenovo spokesperson said that while the company generally does not comment on rumors or speculation, Wong's comments were taken out of context:
We are aware that Lenovo's CFO Waiming was speaking broadly about M&A strategy in a recent interview. RIM was raised as a potential target by the journalist and Mr. Wong repeatedly answered in a manner consistent with all of our previous statements on M&A strategy: Lenovo is very focused on growing its business, both organically and through M&A. When inorganic ideas arise, we explore them to see if there is a strategic fit.
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by Don Reisinger via CNET
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