BlackBerry, Lenovo Deal Shut Shown By Canadian Govt': Report
Gold also called the new deal a "very positive step" and said he expects to see "significant redirections" at BlackBerry over the next six to 12 months as "the new management takes hold and new business priorities and directions emerge."While Dawson isn't at all shocked, some people likely are. The U.S. government allowed Lenovo to purchase IBM's PC business in 2005 for $1.25 billion; at the time, it was one of the largest acquisitions ever of a U.S. company by a Chinese company. Today, Lenovo has a major sales and research headquarters in North Carolina, and it recently completed the construction of a manufacturing facility there. While certainly a Lenovo bid would have been thoroughly examined, many expected it could at least succeed to the point of becoming a bid. Lenovo executives may be comforted by the thought that many believed BlackBerry an unnecessary acquisition for company, which is both the world's top-selling PC maker and a successful smartphone maker in China. "Lenovo doesn't need to take on all the baggage and investment to then break its teeth on Android and iOS," Endpoint Technologies Analyst Roger Kay told eWEEK, after the second round of Lenovo-BlackBerry rumors. "Why buy the fourth platform, which is in decline, and try to shore it up? Sand through their fingers." Follow Michelle Maisto on Twitter.
Online, New Doubts About SecurityIn an Oct. 25 report about the National Security Agency's (NSA) spying scandal and how "everybody else does it, too" isn't a working excuse anymore, The New York Times noted that should Lenovo be allowed to buy BlackBerry, President Obama would almost certainly lose the BlackBerry he'd fought to hang on to when he first came into office. The Times piece described the "digital age" as offering new ways for nations to do what they'd always done—and for the "Europeans, the Chinese and other powers to replicate NSA techniques." It added that Chinese hackers have worked their way into the Pentagon, even acquiring the blueprints for the F-35, the world's most expensive fighter jet.
A former American intelligence official was quoted as saying that the Russians are far more patient spies, and so they don't get caught as often as the Chinese.