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Taking BlackBerry private may make sense, but not a quick fix

Aug 11 2013, 09:12 IST
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A deal to take BlackBerry private could make sense from a financial standpoint, say private equity executives, though any such move won’t by itself make the smartphone company more competitive. (AP) A deal to take BlackBerry private could make sense from a financial standpoint, say private equity executives, though any such move won’t by itself make the smartphone company more competitive. (AP)
SummaryFirm still bleeding subscribers; unlikely to regain market share from iPhone, Android

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.

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