Today, Belkin announced their intent to purchase the Linksys division of Cisco Systems. The home networking division was a result of a $500 million dollar acquisition deal in 2003. This acquisition was one of a couple of consumer oriented plays that left enterprise network engineers scratching their heads.
I am probably not the only one who is glad to see Cisco returning to their core competencies. Hopefully they’ll continue their efforts on their strengths in the enterprise.
- Forbes–Cisco To Sell Linksys Home Networking Unit to Belkin
- Belkin–Belkin Announces Intent To Acquire Cisco’s Home Networking Business Unit