Rumor on RIM acquisition may have been a statement taken out of context

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Together with all the news on Research In Motion, Ltd. and BlackBerry 10, there were recent news that surfaced about another company considering acquiring the said BlackBerry manufacturer.  A statement had been issued today clarifying the matter…

…and it seems that the matter may have simply been a statement taken out of context.

TNW (The Next Web) posted the clarification issued by Lenovo on the rumor surrounding RIM acquisition. Here’s the excerpt from the said article:

The company provided comment to Chinese media today, and a spokesperson has sent TNW the following statement that suggests that Wong’s quote was taken out of context by Bloomberg:

“In general, we do not comment on M&A rumors or speculation.

We are aware that Lenovo’s CFO [Wong] Waiming was speaking broadly about M&A strategy in a recent interview. RIM was raised as a potential target by the journalist and Mr. Wong repeatedly answered in a manner consistent with all of our previous statements on M&A strategy: Lenovo is very focused on growing its business, both organically and through M&A. When inorganic ideas arise, we explore them to see if there is a strategic fit.”

Indeed, it is easy to see how the quote could have been taken out of context since the question appeared to be phrased to get a specific response about RIM, while Wong was apparently trying to speak in broader terms.

To read the full article, head on to TNW: Lenovo responds to RIM acquisition reports, claims comments were taken out of context

Article and Image Source: The Next Web