December 17, 2012

Cisco rumored to be putting Linksys up for sale

cisco_logo.jpgCisco Systems is said to be in the works of selling off home wireless router-maker Linksys, according to Bloomberg.

Cisco has reportedly tapped financial services company Barclays to help it find a Linksys buyer. According to Bloomberg, the hope is that TV set makers may be interested in purchasing the company.

The networking-equipment maker bought Linksys for $500 million in 2003 as a way...Read more at CNET News

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