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BlackBerry may go private

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BlackBerry may go private

A new report from Reuters suggests that BlackBerry is looking to delist and go private, in a further attempt to recapture its sliding share of the smartphone market.

‘Sources familiar with the situation’ have said that while a deal isn’t imminent, the board is keen on the idea.

The insiders say that such a move would let the beleaguered gadget-maker fix its problems away from the public eye.

BlackBerry is apparently in talks with private equity firm Silver Lake Partners regarding an enterprise computing collaboration. However, this is not believed to be linked to privatisation plans.

With BlackBerry desperate to improve after Windows Phone recently consolidated third place in the smartphone charts, the same sources said CEO Thorsten Heins is looking at licensing its BB10 OS to third parties.

Having done the same with its BBM platform for iOS and Android, this may not be such a far-fetched proposition.

BlackBerry did not respond to Reuters’ request for comment.

Source:

Reuters

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