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March 27, 2018 07:36 am GMT

Foxconn Acquiring Wemo & Linksys Owner Belkin For $866M

Taiwanese tech giant Foxconn is acquiring American electronics manufacturer Belkin in a deal worth $866 million in cash, the two companies announced Monday. The duo described the move as a strategic attempt to create a new leading company in the home automation and router segment, having revealed the details of the tie-up have been finalized […]

The post Foxconn Acquiring Wemo & Linksys Owner Belkin For $866M appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/03/foxconn-acquiring-wemo-linksys-owner-belkin-for-866m.html

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