Lenovo Says Claims Comments Moved Out Of Context Over RIM Acquisition Reports

Posted on Jan 28 2013 - 11:44am by Editorial Staff


With huge warming up sessions taking place in a lighting-up as Bloomberg reported that the Lenovo’s CFO Wong Waiming saying that it was interested in purchasing Research In Motion, as the second-largest personal computer maker tries to bolster its mobile-device business, the company has provided comment to Chinese media today (via TNW):

In general, we do not comment on M&A rumors or speculation.

We are aware that Lenovo’s CFO [Wong] 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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