Cisco Exits the Consumer Market, Sells Linksys To Belkin
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."
Wonderful, now there's no good router on the market.
The Linksys stuff took a nose dive in both reliability and software quality under Cisco's steerage. Belkin does better for some things though they are spotty on others. They are a very large player and I hope they unfuck what cisco's been fucking up.
I'd go on a Vegan diet but the delivery time from Vega is too long. --brownkitty
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Cisco is to the consumer market what Oracle is to Java.
I was always confused with where Linksys belonged under Cisco. The not quite SOHO, not quite SME limbo was reflected on some of their decisions. Well, this just proves Cisco has no idea what to do with the general consumer market (E.G. The Flip).
If computers were people, I'd be a misanthrope.
I think I speak for many who have worked with 'Belkin' equipment when I say...
"Fuck."
#fuckbeta #iamslashdot #dicemustdie
This is definitley a net improvement in quality for both Cisco and Belkin.
Everybody wins!
Linksys has always been, and will always be, a POS. Moving to Cisco made it even worse. Belkin wasn't any better, but at least they were cheaper. For my money, I prefer the Netgear home switch products. As my Linksys garbage fails, I replace with Netgear, and my problems disappear.
Indeed. Belkin has been on my "do not buy" list ever since the spam router fiasco. Then again, I guess it's fitting, after Linksys' Cloud Connect WTF.
On the other hand, anything that won't run DD-WRT, Tomato, or OpenWRT is on my "do not buy" list anyway...
Oh, no! You have walked into the slavering fangs of a lurking grue!
Cisco sells Linksys
Yay!
...to Belkin
What in the actual fuck?
#naabhaprzrag, #sverubfr-000, #agi-fcbafberq, negvpyr[pynff*=' negvpyr-ary-'] { qvfcynl: abar !vzcbegnag; }
>'This should be a relatively smooth transition that won't affect current customers"
Every time some corporate droid has told me this regarding a {buyout, merger, acquisition, sale, re-org} a major cockup has followed. The only thing worse is when they use the phrase, "transparent to the end user," and you know the apocalypse is coming next week.
Some mornings it's hardly worth chewing through the restraints to get out of bed.
Ever wonder why some companies seem to constantly be involved in acquisitions and dispositions, esp. companies whose organic growth has slowed to zero? It's because acquisitions/dispositions are a great way to create cookie jar charge-offs to hide underperformance of a company's core business. Now you see it, now you don't.
You were very confused, Linksys was a tiny gnat compared to Cisco when Cisco did the acquisition, Linksys cost Cisco $500M which was less than half of their net income for the quarter in which the deal closed. Hell, two years later they swallowed Scientific Atlantic which cost $6.9B.
There are 4 boxes to use in the defense of liberty: soap, ballot, jury, ammo. Use in that order. Starting now.