Cisco to Sell Linksys
Reckon You Got a Spare Million Layin' 'Round?
Internal sources suggest that Cisco is looking to offload their Linksys brand of consumer network gear. An anonymous source tells Bloomberg
that Cisco has hired Barclays to find a buyer for Linksys. Cisco acquired Linksys back in 2003 for $500 million but is expected to get significantly less for that in any new transaction "because it is a mature consumer business with low margins" insists analysts. The move is part of a broader strategy to exit the consumer market while expanding further into corporate software and technology services. Given some of Cisco's recent practices within the previously quite nerd-friendly Linksys brand
, that might not be a bad thing for consumers.
67 comments .. click to read
|reply to brianiscool |
They make even better routers to use with open source firmware DD-WRT, Tomato, etc. Their own firmwares are so so. However, throw on a third party and you've got yourself a rock solid router.
WRT54GL is a SUPER OLD model, but is still being sold years and years later and has 3768 reviews on newegg.
Why? It works great, hardly ever freezes, and is the most rock solid piece of equipment around. To add icing to the cake, I own one and put DD-WRT on it. I couldn't ask for more.
Cisco spells quality and there are a lot less desirable brands in the router market. Netgear (own one personally) is not bad but no where near cisco quality.