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Comments     Threshold


By Oyster on 3/12/2013 9:49:40 AM , Rating: 0
It'll be the lamest acquisition in Lenovo's books. BBRY is a dead brand, and it'll reflect in Lenovo's "goodwill" if Lenovo actually acquires BBRY.

Don't waste your money, Lenovo. Focus on PC hardware - don't make the same mistake HPQ made with WebOS.

RE: Lame
By DanNeely on 3/12/2013 10:05:46 AM , Rating: 4
BB still has a solid patent portfolio. While Lenovo's largely managed to avoid the current rounds of lawfare if they do decide to enter the phone business and expand their tablet presence having a portfolio of their own would be beneficial.

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By Oyster on 3/12/2013 11:17:20 AM , Rating: 3
I do agree with you to a certain extent, but stats speak for themselves. If you look at actual historical data from Bloomberg or FactSet, it's obvious that 70-80% of such patent-related acquisitions destroy value. I neither own Lenovo nor am short BBRY.

It's just another way for some clueless Silicon Valley investment banker to "close the deal" to earn some transaction fees.

@T2k - might come as a surprise, but I'm in the heart of Silicon Valley. Decent attempt at generalizing your views though. To paraphrase Warren Buffet, when it comes to investing, think with your brain, not your heart. Your love for BBRY is obvious... too bad they haven't executed squat. Lenovo would be much better off diversifying itself with a portfolio of handsets based on Android and WP rather than wasting money on an acquisition.

There's one scenario in which such an acquisition may make sense: if both MS and Google (via Motorola) start shipping their own phone hardware. However, as I referenced above, most such acquisitions fail... it could be lack of enthusiasm or resented workers, post-acquisition, but Lenovo may be better off synthesizing other strategies.

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By theapparition on 3/12/2013 10:12:45 AM , Rating: 2
I don't know about that.

Right now I'm considering buying stock in White Star Lines. I hear their new ship, the Titanic, is unsinkable.

All jokes aside, I do think Blackberry has some good core tech, but they need to capitalize that rather than try to compete with Apple/Android/Windows now. Their new BB10 phones aren't going to save them.

As for HP and WebOS, that's more a tale of drastic mismanagement, lack of vision and complete misunderstanding of WebOS by HP management. They paid to get the keys to the crystal castle, kept it locked up, fired the staff and watched it crumble into ruin. I'm glad to see WebOS starting to have some life again, but it's over. Google hired many of the WebOS designers and you're seeing a lot of that integrated into Android now.

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By zephyrprime on 3/13/2013 10:13:08 AM , Rating: 2
Blackberry's core tech is useless. Anybody can put outlook compatible secured email on any smartphone nowadays. Why ever bother buying their server? There's no compelling business reason to do so. BB10 is their only hope now.

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Buying Palm was the idea of Mark Hurd.

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