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Experts predict Lenovo’s U.S. buys will pass regulatory muster

31
Jan
2014

By Diane Bartz WASHINGTON (Reuters) – U.S. officials are likely to allow Chinas Lenovo Group to buy IBMs low-end server business and Google Incs Motorola Mobility handset business if it agrees to concessions aimed at protecting U.S. national security, experts said. Computer maker Lenovo has advantages over other Chinese companies that should help it overcome the mutual suspicion between the United States and China over industrial spying and cybersecurity, such as its track record of successful U.S. acquisitions in the past. Lenovo said on Wednesday it would acquire Motorola Mobility, along with some 2,000 patents, for $2.91 billion. The deals will be reviewed by the inter-agency Committee on Foreign Investment in the United States, or CFIUS, to ensure they do not threaten national security.

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