Lenovo Considers Acquisitions For Mobile Growth

Lenovo Mobile Phones

As computer-makers like Dell get ready to launch their first handset in the U.S., Lenovo has started considering acquisitions in order to beef up its mobile operations.

In November, the world’s No. 4 PC brand, bought back Lenovo Mobile, a mobile handset maker it founded in 2002 and spun off in 2008. Lenovo paid $200 million in cash and shares in order to get the group back together. At the time, the company said it doesn’t intend on competing internationally, but rather will focus on China, where Lenovo Mobile primarily operates. But Lenovo’s CEO told a German newspaper over the weekend, that it’s considering further acquisitions, Reuters reports. “Let’s say, we are keeping an eye out. We will make an acquisition if a company really fits, if the price is good and if we think we will be able to integrate it into our group.”

Names frequently dropped as likely buy-out candidates are Palm (NSDQ: PALM) and BlackBerry’s Research In Motion. But Lenovo wouldn’t necessarily have to buy a OS and handset maker in order to be more aggressive in the space. It could purchase an OEM, and then rely on open-source operating systems, like Google’s Android, Symbian, or LiMo. It could even work with Microsoft (NSDQ: MSFT), like it does on the PC side.

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