Lenovo CEO claims BlackBerry acquisition could ‘possibly make sense’

Lenovo BlackBerry Acquisition
Earlier this year, Lenovo (LNVGY) CFO Wong Wai Ming casually mentioned a potential buyout of BlackBerry as a way to boost the company’s mobile business. The executive explained that Lenovo had been in talks with the struggling phone maker and its bankers “about various combinations or strategic ventures,” and that Lenovo even had “a team working on possible acquisitions.” Ming’s comments spread across the Web and within days the company was forced to clarify that Wong was merely speaking broadly on the subject. Even before the comments, however, analysts and Wall Street investors believed Lenovo could be a good suitor for BlackBerry (BBRY). This time around when speaking about a potential acquisition, Lenovo’s chief executive made sure to choose his words wisely.

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