Print 35 comment(s) - last by JediJeb.. on Dec 18 at 3:24 PM

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: Positive experience
By Rukkian on 12/17/2012 3:00:17 PM , Rating: 2
I think alot of people were turned off by their early releases shortly after they acquired linksys. I was not fond of the quality for the first few years.

A few years ago, I had the chance to play with an e2500, and it was pretty solid, and has become my goto suggestion for anybody needing a good, reasonably priced router that works well.

RE: Positive experience
By Cr0nJ0b on 12/17/2012 4:10:36 PM , Rating: 2
I have I think 3 WRT-54G routers that have been working great. The only issue I had was the power supplies going out. I ended up finding knock-offs for like $5 each or something and replacing them all. They work great with Tomato firmware...with nice features. I'm happy for the most part.

RE: Positive experience
By Alexvrb on 12/18/2012 12:31:26 AM , Rating: 2
Agreed. Old pre-Cisco Linksys hardware was decent. Early days of Cisco-Linksys were kind of terrible, especially the firmware. I switched to D-Link for a while. My favorite D-Link router of the "G" era was the DGL-4300. Good performance, decent firmware.

But when I stepped up to Wireless N, I eventually ended up with an E2500. Not as nice as its higher-end brethren, but still very solid for my purposes. It was a good balance of features, performance, and price.

The software side is only OK. Better than the early Cisco-Linksys days, though.

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