Printed from http://www.electronista.com

Belkin finalizes deal to acquire Linksys

updated 05:18 pm EDT, Fri March 15, 2013

Merged companies hold 30 percent of US home networking market

As expected, Belkin has finalized the deal to purchase Cisco's home networking business unit. Belkin is going to maintain the Linksys brand and all associated services, and will support Cisco's products -- including warranty support and repair. With the acquisition, Belkin now holds 30 percent of the entire US home and small business networking market.

Linksys customers and retailers will continue see new Linksys products come to market in the near future according to the company, starting with several announcements in the second quarter of 2013. By maintaining the Belkin and Linksys brands in home networking, Belkin addresses a broader range of consumers with distinct networking solutions.

Belkin is a privately-held company that was founded in 1983. The new Belkin, including the Linksys brand and Belkin brand portfolios, has 1,500 employees, and sells in more than 100 countries. As Belkin is privately held, the terms of the deal will not be disclosed.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

SMS Audio Sync Sport on-ear headphones

When hitting the gym or going out for a trail run, headphones can cause a number of problems. From the ear buds getting slimy with swe ...

Adesso Xtream S3B Bluetooth speaker

Finding a speaker purpose-built for a specific need is challenging. Even when a Bluetooth speaker can be paired with a mobile device, ...

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Sponsor

toggle

Most Commented

 
toggle

Popular News