Cisco Exits the Consumer Market, Sells Linksys To Belkin 284
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."
What does CISCO stand for? (Score:3, Funny)
Investments
Suck
Causing
Outrage
Join in the fun!
Belkin (Score:5, Funny)
I think I speak for many who have worked with 'Belkin' equipment when I say...
"Fuck."
and nothing of value was lost (Score:3, Funny)
This is definitley a net improvement in quality for both Cisco and Belkin.
Everybody wins!
Re:What does CISCO stand for? (Score:5, Funny)
Casualty In Senseless Chinese Outsourcing
Mixed reaction (Score:5, Funny)
Cisco sells Linksys
Yay!
...to Belkin
What in the actual fuck?
Re:What does CISCO stand for? (Score:5, Funny)
Two pounds. Are you an American or something?