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Linksys expected to fetch less than the $500 million Cisco paid in 2003

Cisco Systems is one the largest makers computer network hardware in the world. While the majority of the products that Cisco sells directly are enterprise grade products sold to businesses, Cisco does have the Linksys consumer brand for wireless routers, hubs, and IP cameras.

However, a report suggests Cisco is looking to sell Linksys and has hired Barclays PLC to help it find a buyer. Bloomberg indicates that Linksys could be interesting to TV makers seeking a recognized brand name and technology.

Cisco purchased Linksys in 2003 to give itself a consumer networking arm for $500 million. At the time, Linksys was a mature company in the consumer business segment with low margins.  Linksys is now expected to fetch significantly less than the $500 million Cisco paid.

Like many other companies in the technology segment, Cisco has been downsizing in order to streamline its operations. The company eliminated 7,800 employees over the last year and closed its Flip video camera unit that made small, handheld digital camcorders.

Source: Bloomberg



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RE: Good
By Stuka on 12/17/2012 12:52:18 PM , Rating: 2
I think my modem is DOCSIS 2.0 and my 54G is probably v2. While not pre-Cisco era, they are still tiptop. Both have been powered on and serving packets for 99% of their lives. Plus, they stack on top of each other. I couldn't ask for anything more. lol

I think it'll take either full IPV6 or +100Mb broadband to get me to power these guys down.


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