It’s been a quarter of acquisitions, buyouts and consolidation Including Microsoft taking over Nokia’s handset division and Blackberry selling stake to one of its key investors. Following the league, the next to join the bandwagon, if reports are to be believed, is Lenovo which is looking at buying out HTC.
This acquisition will help the Beijing based Lenovo to strengthen its mobile division, which is Taiwan-based HTC’s forte. Thus, Lenovo will be a strong brand for both PC and mobile handset needs.
All the previous buyouts strongly show that future lies in consolidation, in creating a brand which offers a wife proud of products.