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>> CERBERUS Latest News

OCT 18, 2013 - Time

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Fixing BlackBerry Would Be Enormous Task for Lenovo

Lenovo, the Chinese technology giant, placed a huge and ultimately successful bet when it bought IBM’s personal computer business eight years ago. Now Lenovo is contemplating an even riskier gamble: acquiring BlackBerry, the once mighty smartphone maker that has fallen on hard times. Such a combination would reshuffle the mobile phone landscape and potentially breath new life into the BlackBerry brand. But history shows that acquiring a struggling smartphone maker and then reviving it is excruciatingly difficult. Just ask Hewlett-Packard, which paid $1.2 billion for Palm, the early ... Read More

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