Lenovo still interested in BlackBerry buyout

CEO admits a deal "could make sense"

Lenovo CEO Yang Yuanqing has stated that a possible buyout of BlackBerry would 'make sense' for the Chinese PC manufacturer

Speaking to the French newspaper Les Echos, Lenovo CEO Yang Yuanqing has said the Chinese company could see sense in buying out struggling mobile manufacturer BlackBerry.

According to Yuanquing, a buyout "could possibly make sense, but first I would need to analyse the market and understand what exactly the importance of the company is."

This isn't the first time Lenovo has shown interest in BlackBerry. Back in January, CFO Wong Wai Ming said the company were looking at a possible acquisition of the Canadian company.

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

Following the fresh comments from Lenovo, Blackberry's stock jumped 14 points to its highest point so far this month.

For its part, BlackBerry doesn't seem opposed to working with another company. CEO Thorsten Heins hasn't ruled out investment or a licensing of the company's BlackBerry 10 operating system.

"Before you license the software, you must show that the platform has a large potential," he said. "First we have to fulfill our promises. If we prove that, licensing is conceivable," he said back in January.

Although Lenovo is the world's second-largest PC manufacturer (thanks to almost exclusive dominance in China) a move into the mobile space could help offset some of the decline faced by the PC and laptop markets.

Meanwhile, BlackBerry is due to release it's quarterly earnings on March 28, which will give us a bit more insight into how the company - and its recently released BlackBerry Z10 handset - is performing.

Via: Bloomberg