Belkin Completes Linksys Purchase
March 18, 2013 9:44 AM
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Linksys name will live on
Back in late January of 2013, Belkin
that it intended the purchase Linksys from Cisco. Cisco had originally purchased Linksys for $500 million in 2003 in an effort to gain access to the consumer networking market. That investment didn't work out so well for Cisco and the company began searching for a buyer last year.
Belkin announced on March 15 that it completed its acquisition of Linksys. Belkin will continue to manage Linksys as a separate brand and product portfolio, which means the Linksys name will live on as promised.
"Linksys has a rich heritage, a passionate customer base and a wide product line, all of which fueled our decision to acquire the company and our plan to maintain the Linksys brand," said Chet Pipkin, CEO of Belkin.
Belkin says that Linksys customers and retailers will continue to see new products carrying the name come to the market in the near future. Belkin says that several new announcements will be made sometime this spring.
Support will continue for existing Linksys products and all warranties that are currently valid will be honored on Linksys products.
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no longer a fan
3/18/2013 10:57:00 AM
I've had several linksys routers and they have eventually all failed with the same problem - wireless quits working. Will not be acquiring another Linksys so sorry Belkin.
My ISP supplies a router but also makes mods to it making it difficult for me, particularly wrt security.
I currently have a 3 router setup, a thompson from my ISP which they have not modified, an asus and an apple via time capsule. this entire setup could be replaced by just the time capsule but I don't feel like making the effort at the moent.
RE: no longer a fan
3/18/2013 1:07:41 PM
I dunno if your ISP allows admin access into their router, but FIOS does and I quickly disabled the crappy wifi on the FIOS router. I then switched my Linksys into wireless bridge mode. Much better wifi coverage along with the coveted 5ghz band as 2.4ghz is basically useless in my neighborhood.
"Folks that want porn can buy an Android phone." -- Steve Jobs
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