Tag Archives: Cisco

Cicso Exits Consumer Market With Sale of Linksys to Belkin

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 …

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Cisco Believed To Be Seeking Linksys Buyer

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 …

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