reason why PE wouldn't look at it,” the pension fund executive said. “If private equity can buy Dell, they can buy anything,” the executive said, referring to Silver Lake Partners and founder Michael Dell’s efforts to buy the struggling PC maker for $25 billion.
To be sure, going private would not likely be a panacea for BlackBerry. Private equity executives and analysts contend there was no obvious way to restructure the company in the aftermath of any buyout.
One idea is to separate the handset business and focus on the company’s network and infrastructure, which is known for its security, said private equity executives who have looked at BlackBerry. But the executives said there are no obvious buyers for the company's handset business. In fact, a wide range of private equity firms as well as technology companies have looked at BlackBerry over the past two years as its once-dominant business went into a tailspin.