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Submitted by mpctips 1036d ago | news

Belkin Plucks Linksys Brand From Cisco

Maximum PC: Call it an end of an era, if you wish, but Cisco is hightailing it out of the consumer space after selling off its Home Networking Business Unit to Belkin for an undisclosed sum of money. The deal includes the familiar Linksys brand, which Cisco acquired back in 2003. At the time, Linksys had 305 employees and revenues of more than $500 million. All of its products were branded Linksys by Cisco following the transaction, though Cisco has reportedly been looking to get out of the consumer space for some time now. (Belkin, Cisco, Industry, Linksys)

newsguy  +   1036d ago
I've got a linksys router myself
bebitech  +   1036d ago
Whatttt. This is crazy
SKUD  +   1036d ago
Been staying away from linksys due to Cisco. Support agreements are insane at the home consumer level IMO.
#3 (Edited 1036d ago ) | Agree(1) | Disagree(0) | Report | Reply

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