Saturday, August 10, 2013

EXCLUSIVE - BlackBerry, open to the possibility of delisting ... - Yahoo! Finance

(Reuters) – BlackBerry phone maker is preparing for the possibility of letting go public while trying to recover, said several sources familiar with the matter.

chief executive, Thorsten Heins, and the board of directors of the company are increasingly evaluating the idea to lift the bag BlackBerry would give space to solve their problems away from the public, the sources said.

“There is a change in the tone of the board,” he said on Thursday one of the sources.

However, no deal is imminent and BlackBerry has not played any type of sales process, clarified the sources. Even if I tried, the firm may have difficulty finding a buyer and funding to delist.

the company still immersed in losses and declining subscriber numbers, private equity firms and other buyers may be hesitant about a possible acquisition.

BlackBerry

shares have fallen more than 19 percent this year. Its market value fell to 4.800 million from a peak reached 84,000 million in 2008.

BlackBerry, which had placed their hopes of a recovery in its new line of BlackBerry 10 devices, declined to comment. The sources refused to give their names because the negotiations are private.

Opening BlackBerry

to consider an agreement constitutes a radical change in the thinking of ever leading brand in the segment of smartphones.

Until recently, BlackBerry, formerly known as Research in Motion and pioneered the use of secure email on handheld devices, had shown likely to maintain their independence betting on a recovery with its latest line of phones.

Last month, Heins said the company was on the right track and just needed more time to solve their problems. He also said that in the next eight months the firm submit more devices using the BlackBerry 10 operating system.

The company has also analyzed the transfer options as your software license BlackBerry 10 to other companies.

BlackBerry, based in Waterloo, Ontario, recently had talks with private equity firm Silver Lake Partners about a potential collaboration in the enterprise computing segment, said one source.

Silver Lake is located in the middle of an uphill battle than 25,000 million for the purchase of Dell, it would go public. If successful, it would open the possibility of collaborating with BlackBerry in mobile computing, Dell area that has failed to gain traction, said a source.

Anyway, the source said that negotiations with Silver Lake did not relate to any purchase or transaction.

Silver Lake declined to comment.

/ By Nadia Damouni and Euan Rocha and Greg Roumeliotis /

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