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Cisco Exits the Consumer Market, Sells Linksys To Belkin

Posted by samzenpus on from the circle-of-business-life dept.

Krystalo writes "Belkin on Thursday announced plans to acquire Cisco's Home Networking Business Unit, including its products, technology, employees, and even the well-known Linksys brand. Belkin says it plans to maintain the Linksys brand and will offer support for Linksys products as part of the transaction, financial details for which were not disclosed. This should be a relatively smooth transition that won't affect current customers: Belkin says it will honor all valid warranties for current and future Linksys products. After the transaction closes, Belkin will account for approximately 30 percent of the U.S. retail home and small business networking market."

6 of 284 comments (clear)

  1. What does CISCO stand for? by OhANameWhatName · · Score: 3, Funny

    Choice of
    Investments
    Suck
    Causing
    Outrage

    Join in the fun!

    1. Re:What does CISCO stand for? by Austerity+Empowers · · Score: 5, Funny

      Casualty In Senseless Chinese Outsourcing

    2. Re:What does CISCO stand for? by ColdWetDog · · Score: 5, Funny

      Two pounds. Are you an American or something?

      --
      Faster! Faster! Faster would be better!
  2. Belkin by girlintraining · · Score: 5, Funny

    I think I speak for many who have worked with 'Belkin' equipment when I say...

    "Fuck."

    --
    #fuckbeta #iamslashdot #dicemustdie
  3. and nothing of value was lost by Anonymous Coward · · Score: 3, Funny

    This is definitley a net improvement in quality for both Cisco and Belkin.

    Everybody wins!

  4. Mixed reaction by Megane · · Score: 5, Funny

    Cisco sells Linksys

    Yay!

    ...to Belkin

    What in the actual fuck?

    --
    #naabhaprzrag, #sverubfr-000, #agi-fcbafberq, negvpyr[pynff*=' negvpyr-ary-'] { qvfcynl: abar !vzcbegnag; }