Cisco Unloads Linksys Unit
For Cisco, the deal will move another consumer-oriented business off its plate, and continue a process that started last year as the company sought to simplify itself and deepen its focus on service provider customers. It also marks a rare divestiture for Cisco. The deal should expands Belkin's already sizable retail presence. It estimates that it will account for roughly 30 percent of the U.S. retail home and small business networking market once Linksys is added to the fold. For more
- Cisco Finally Drops ūmi
- Cisco Flips On Consumer Business
- Foxconn Buys Cisco's Set-Top Factory
- Cisco Simplifies; Cuts 6,500 Jobs
— Jeff Baumgartner, Site Editor, Light Reading Cable
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