PLAYA VISTA, CALIF. ? Belkin announced today that it has entered into an agreement to acquire Cisco?s Home Networking Business Unit, including its proven products, technology, well-known Linksys brand and talented employees. With global operations, Linksys? main office is located in Irvine, Calif. Financial terms were not disclosed.
Belkin intends to maintain the Linksys brand and will offer support for Linksys products as part of this transaction. All valid warranties will be honored by Belkin for current and future Linksys products.
After the transaction closes, Belkin will account for approximately 30% of the U.S. retail home and small business networking market. The transaction is subject to various standard closing conditions and is expected to close in March 2013. ? Source: Belkin.
Source: http://thudderwicks.com/2013/01/belkin-to-acquire-ciscos-home-networking-business-unit/
jennifer garner jennifer garner romney michigan derrick williams railgun jk rowling new book between two ferns
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.