CNN writes a regulatory filing reveals that Corsair is in talks with Francisco Partners over a potential buyout. A year ago Corsair planned an IPO, but plans to go public were delayed after the Facebook IPO debacle.
For 2011, Corsair reported around $19 million in net income on $455 million of revenue. Its Q1 2012 earnings were $3 million on $132 million in revenue.
It's an interesting move for Francisco, which had been part of the Blackstone Group-led consortium that last week opted against making a formal buyout offer for Dell Inc. (DELL). One of the reasons Blackstone gave for its change of heart was the PC industry's sharp decline in Q1, but Corsair arguably is more dependent on the PC market than is Dell (albeit at a much different scale).