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Lenovo Group Ltd Interested In Research In Motion Ltd-DJ

Friday, 25 Jan 2013 02:53am EST 

Dow Jones reported that Lenovo Group Ltd's CFO said the Company is looking at overseas acquisition targets, including Research In Motion Ltd (RIM). RIM's hardware business is probably what Lenovo is interested in. Lenovo Group Ltd. is looking at acquisitions as its core PC business slows down. Lenovo is more likely to receive approval from the U.S. and Canadian government if it was only buying the hardware business. RIM's know-how is with the software side. Other terms and conditions were not disclosed.