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Lenovo adds itself to list of BlackBerry buyout bidders

Lenovo has signed a non-disclosure agreement with BlackBerry to take a look the ailing Canadian handset maker.


Multiple parties are reported as interested in taking a look at what they can do with BlackBerry, and now Lenovo (though also rumored as a candidate in the past) is the latest addition, according to The Wall Street Journal.

BlackBerry’s attempt at retaining and growing a new generation of users didn’t go as planned, as adoption rate of its BB10 platform remained stagnant and sales of its handsets were underwhelming.  While BlackBerry continued to insist that BB10 is a true contender in the mobile space, consumers seem to think otherwise as gadgets makers continue to churn out Android-based devices to satisfy people’s thirst for mobile hardware.

Despite all the financial woes, BlackBerry is promising its customers, partners and fans that they “can continue to count on BlackBerry.”  In a recent letter to its users, BlackBerry states that it has “substantial cash on hand and a balance sheet that is debt free” and that it is still a viable “customer-oriented” business.

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