Smartphone companies are all the rage in the mergers and acquisitions department. Microsoft acquired Nokia in early September to kick off the trend, attempting to gain a foothold in the market. (The October issue of the InsideCounsel print magazine sits down with Microsoft GC Brad Smith to examine this deal in-depth.)
Now, Chinese technology company Lenovo Group Ltd. is following suit. The world’s largest PC maker is looking to gain a Western smartphone hold as well, investigating a full purchase of Canadian smartphone maker BlackBerry Ltd.