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January 25, 2013 05:27 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/10dPH95Gzxc/
Belkin Acquires Linksys From Cisco
Belkin announced Thursday that it is acquiring Cisco's Home Networking Business Unit, including the Linksys brand, current products and employees.
The financial details of the deal -- which officially take Cisco out of the consumer business -- weren't disclosed. With Linksys and Belkin under the same roof, Belkin says it will account for 30% of the U.S. retail home and small business networking market.
We had a chance to speak with Belkin CEO Chet Pipkin about the acquisition and what it means for the Belkin and Linksys brands in the future.
If you're an existing Linksys customer, you don't need to worry. Belkin will maintain support for its products and all valid warranties will be…
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Original Link: http://feeds.mashable.com/~r/Mashable/~3/10dPH95Gzxc/
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