Feeds

Huawei was never interested in buying Blackberry

That sound you heard? A thousand spooks' sphincters just unclenched

Intelligent flash storage arrays

Huawei has acknowledged global geopolitical reality, telling a London conference it's not much interested in the growth-by-acquisition model that's so much a staple of Silicon Valley.

According to the current occupant of the Chinese giant's rotating CEO position Eric Xu, the company will be able to run a go-it-alone strategy without venturing into the virtual sale-yards placing bids on high-tech-horseflesh.

In a denial that will be heard around the world in the collective relief-sighs of spooks, the company listed Blackberry as one of the companies Huawei was never interested in buying, Reuters reports.

It's almost certain that any attempt to acquire a major telco kit vendor in the West would either get a flat “no” from the relevant national government, or would at least tie Huawei up in energy-sapping inquiries. So it's no surprise that Xu told the press in London that its focus for growing its roughly $US36 billion would be on in-house R&D.

Xu added that acquiring a competitor would “bring us similar technology to what we already have” without delivering any synergy, and that customers prefer to have a choice between multiple vendors anyway.

He cited a $US600 million investment in 4G technology, and said Huawei devotes 14 per cent of its sales to R&D. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.