NEW YORK/TORONTO (Reuters) – Chinese computer maker Lenovo, which has signed a non-disclosure deal to examine BlackBerry’s books, faces regulatory obstacles if it bids for all of the company and will likely pursue just parts, a source familiar with the matter said on Thursday.
BlackBerry Ltd said in August it was exploring options that could include an outright sale. And the Canadian company, which helped pioneer smartphones, has since been linked with a string of potential buyers from private equity firms to rival technology companies.
Its shares, which rose 4 percent after the Wall Street Journal first reported the interest from Lenovo Group Ltd, ended up less than a percent at $8.20 on the Nasdaq.
Multiple sources close to the matter have told Reuters BlackBerry is in talks with Cisco Systems Inc, Google Inc and Germany’s SAP AG among others, about selling all, or parts of itself. The potential buyers have all declined to comment.
Read also:
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Lenovo weighing a BlackBerry takeover, reports WSJ (CNET)
China's Lenovo Likely Eyeing Portions Of BlackBerry Not The Whole Pie (TechCrunch)
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