Rumor on RIM acquisition may have been a statement taken out of context


Together with all the news on Research In Motion, Ltd. and BlackBerry 10, there were recent news that surfaced about another company considering acquiring the said BlackBerry manufacturer.  A statement had been issued today clarifying the matter…

…and it seems that the matter may have simply been a statement taken out of context.

TNW (The Next Web) posted the clarification issued by Lenovo on the rumor surrounding RIM acquisition. Here’s the excerpt from the said article:

The company provided comment to Chinese media today, and a spokesperson has sent TNW the following statement that suggests that Wong’s quote was taken out of context by Bloomberg:

“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.”

Indeed, it is easy to see how the quote could have been taken out of context since the question appeared to be phrased to get a specific response about RIM, while Wong was apparently trying to speak in broader terms.

To read the full article, head on to TNW: Lenovo responds to RIM acquisition reports, claims comments were taken out of context

Article and Image Source: The Next Web