Cisco sells Linksys division to Belkin

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POSTER: computer news   ||   CISCO SELLS LINKSYS DIVISION TO BELKIN	DATE:2013-01-27
Somewhere around 2003, coming up after the crisis, the computer market realized that the general consumer, too, can make decent money.  However, before many had not yet realized that it will take three to four years, and Chinese manufacturers will surely push out the Western brands.   It has been 10 years.  Today, the Chinese are ready to squeeze the U.S. manufacturers, not only from the region, but also from Western markets. Huawei company ensure that it completely abandoned routers and switches Cisco.  This is not to mention that ISPs and telecom operators themselves prefer Huawei equipment.   Belkin company , a famous American brand in the market of computer and network equipment has reached an agreement with Cisco to purchase Linksys units .  The deal has not been disclosed.  Absorption process will be completed in March.  Belkin will go under the wing of all Linksys specialists, assets and development.  The company will also assume the warranty service and maintenance of all manufactured products Linksys.  It is expected that the absorption will help Belkin to get up to 30% of the U.S. market for home networking equipment.   Related Products :

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