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Belkin acquires Cisco's Home Networking division, includes Linksys

Belkin purchases Cisco's Home Networking division, allows them to leave the consumer space

Anthony Garreffa | Jan 24, 2013 at 10:29 pm CST (0 mins, 39 secs reading time)

Belkin have just announced that they have plans to acquire's Cisco's Home Networking Business Unit, which includes all of its products, technology, employees and even Linksys. Belkin have said that they will maintain the Linksys brand and will continue to offer support for Linksys products.

Belkin acquires Cisco's Home Networking division, includes Linksys | TweakTown.com

Support will include honoring warranty for all valid products under the Linksys umbrella, as well as future products. Once the deal is closed, Belkin will account for around 30% of the US retail home and small business networking market. It has worked out well for Cisco, who was looking to exit the consumer space and Belkin who are looking to juice up their presence in the consumer space scooping up Linksys and various other parts of Cisco's business will only help them achieve their goals.

Last updated: Nov 30, -0001 at 12:00 am CST

NEWS SOURCE:thenextweb.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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