Belkin Picks Up Linksys Networking Unit From Cisco

Law360, Los Angeles (January 24, 2013, 9:59 PM EST) -- Belkin USA has inked a deal to buy Cisco Systems Inc.'s home-networking business, including its well-known Linksys wireless connectivity platform, the consumer electronics manufacturer said Thursday.

The two companies plan to develop a strategic relationship on retail distribution, strategic marketing and products for the service provider market, they said in a statement. The terms of the deal were not disclosed.

“Linksys is one of the leading home-networking providers and has created a market-leading suite of products and services to meet customer needs,” Cisco’s vice president of...
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