If Fairfax plans to keep the company together, it should say so, said analyst Avi Greengart of Current Analysis. Microsoft did the right thing earlier this month when it announced plans to buy Nokia and expressed a clear commitment to the company and its devices, he said.
Unfortunately, it's not yet clear why Fairfax wants to buy BlackBerry or what it plans to do with the company, Greengart said. Taking the company private would stop the decline in its stock price, but not much else, he said.
"This is not a company that's coming in with new distribution, new technology, new management, new marketing," Greengart said.
Fairfax might sell BlackBerry whole, narrow its focus to mobile device management or break it up into pieces that other vendors might want, he said.
Whatever Fairfax's plans may be, BlackBerry is due for a new CEO, Endpoint's Kay said.
"Thorsten Heins is probably out within the week," he said. After a weak launch of the BlackBerry 10 OS earlier this year and the $1 billion Z10 writedown, Heins has proved he doesn't get it, Kay said.
Greengart said Fairfax might keep Heins on board while selling off parts of BlackBerry, a strategy Heins has already carried out in some areas. But at BlackBerry, "I don't think anybody's job is secure," he said.
Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is firstname.lastname@example.org