Tag Archives: Cisco

Cisco has successfully completed its move out of its failed foray into consumer goods with the sale of its Linksys unit to Belkin.  Belkin, maker of a multitude of consumer products including cables, power strips, web cams, networking products, etc. will gain an approximately 30% share of the retail home and small business networking market with this acquisition.  This pits …

Cisco Systems, Inc. (CSCO), the world’s largest computer networking equipment maker, has hired Barclays Plc to find a buyer for its Linksys division, according to a Bloomberg.com article.  Linksys makes routers and networking equipment for home wireless access, whereas Cisco’s primary business is enterprise and business-related networking equipment. Cisco would like to sell Linksys as part of a strategy to …