Quote:
Originally Posted by Daradon
Lots can still happen. They are hoping for funding for shares, if they go private again, but may get completely bought out.
They have enough good pieces though, that they will be a brand for a while, even if owned by someone else.
They'll never compete with Apple or Android again, but a major brand could buy them and integrate their best parts.
They might also reprioritize on their strengths, like business integration and security.
They'll be around, just not the industry leader they were 10 years ago.
|
I don't think they are looking for funding, per se. They are extremely close to break even financially quarterly, and have like 3b cash or thereabouts. I also don't think they want to sell the company - their stated goal is to find ways to strengthen their reach in the marketplace and get more BB10 penetration.
What is killing them right now is that the financial performance being demanded by shareholders is directly at odds with the pain they need to endure to turn the ship around technology and product wise - that's why they'd like to go private, so that they could manoeuvre and utilize their cash as needed without being beholden to specific quarterly targets financially. Same deal with joint ventures or partnerships - find new ways to attack the market and/or differentiate themselves. Cisco seems like a neat fit in my mind in that regard (other than their terrible track record with any technology not developed at Cisco) - they have network, servers, and why not brand/joint venture on a secure mobility platform as well.