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News of Lenovo Acquiring Nokia a “Joke”: Lenovo Exec

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Okay now this is interesting. There was probably a rumour going around in the business circles that Lenovo might be interested in buying up the Finnish giant Nokia.

Nokia-Lenovo-Logo 

But now Lenovo has come out in open and said that it might be a joke if such a thing was to happen between the two companies.


Lenovo Exec Gianfranco Lanci while speaking to Reuters said, 
“This must be a joke. There’s nothing ongoing”.

An anonymous banker also said to Reuters,
 
“Frankly, I’m quite surprised that people actually bought into the possibility (of a takeover). It (Lenovo) would have been spending so much money buying something that is not really Lenovo’s core line of business. I would think a more likely possibility would be some form of collaboration or cooperation between the two.”
 
We personally think that if a situation of a buy-out arrives for Nokia, the best company to lay its hands on the Finnish giant would be Microsoft, given the fact that they have a strong partnership and merging completely would benefit both of them in the long run.

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