Belkin announced its intention to acquire Cisco’s Home Networking Business Unit including Linksys brand.
Specific financial terms of the transaction are undisclosed. The transaction is subject to various standard closing conditions and is expected to close in March 2013.
Can Belkin save Linksys brand?
Annecdotaly we have been watching the decline in quality of Linksys products for the past several years. We purchased quite a few units of Linksys Wi-Fi Router E3200 for the past two years and witnessed every single one of them failed one after another.