Lenovo eyeing RIM acquisition or alliance

Research In Motion (RIM) has once again become the target of acquisition talks. This time it is China’s Lenovo, which is looking at a buyout of RIM or at the very least entering a strategic alliance. Lenovo’s CFO Wang Wai Ming told Bloomberg at the World Economic Forum meeting in Davos, Switzerland that the Beijing company is looking at the BlackBerry maker as an acquisition target or strategic alliance partner. “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. Wong added that his company has already spoken to RIM’s executives and bankers about various permutations and options to enter a strategic alliance, though exactly when Lenovo will put in a bid, if at all, has not been revealed. Click here for full story