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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RE: less choice
3/19/2013 2:07:06 PM
The majority of Linksys router (and general product) failures is actually the power adapter. It's just that nobody tests this and assumes the product died.
Their transformer quality is all over the map. I've seen Linksys use almost a dozen different suppliers in the last decade, and few of them have been Class 4 or 5, until recently. I've seen adapters buzz or have a rattle right out of the box.
"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA
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