The prospect of a Lenovo bid to acquire Canada-based Research in Motion has raised eyebrows north of the border.
"It's something that we would look carefully at," Canadian Finance Minister Jim Flaherty told Bloomberg News Friday. He also indicated that some Canadian technology is off limits to overseas buyers.
Lenovo's chief financial officer told Bloomberg this week that the No. 2 PC maker is assessing acquisition targets as well as potential strategic alliance partners.
"We are looking at all opportunities -- RIM and many others," Wong Mai Ming said.
RIM, whose Blackberry is losing the market-share battle to rival smartphone makers, is viewed as ripe for a takeover.
Lenovo is based in China but has about 2,000 workers at its executive headquarters in Morrisville.