In the telecom industry, rumor is hot that Lenovo is going to bid for BlackBerry during this week. The problem child BlackBerry has been showing signs of revival over the past few weeks. Lenovo is willing to pay in the ballpark of $15 to $18 for each BlackBerry share. The current price is around $10 per share. It is amazing neither BlackBerry nor Lenovo has denied this news and keep quite.
There is another rumor is going on that Lenovo may acquire Motorola smartphone business division in early next year. It is expected this week will be full of juicy rumors for Lenovo