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Saturday, March 16, 2013
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Belkin Completes Acquisition of Linksys
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Belkin on Friday announced the completion of its acquisition of Linksys.
Linksys' technologies, including its routers and the Smart Wi-Fi portfolio and services, will be managed and maintained as a separate brand and product portfolio.
Cisco Systems agreed to sell Linksys to privately held Belkin in January for an undisclosed price.
"Linksys has a rich heritage, a passionate customer base and a wide product line, all of which fueled our decision to acquire the company and our plan to maintain the Linksys brand," said Chet Pipkin, CEO of Belkin. "The Linksys portfolio will continue to exist and evolve to include even richer user experiences and network management functionality. Smart Wi-Fi is an innovative and easy way for consumers to stay connected to their home network and we look to continue investing in it by adding more features and products."
Linksys products will continue to come to market in the near future, starting from the spring time frame. By maintaining the Belkin and Linksys brands in home networking, Belkin aims to address a broader range of consumers with distinct networking solutions and will create the premier ecosystem for mobile devices and smart homes.
Support for Linksys products remains available through the existing Linksys support channels. For service, Linksys customers should go to the support page on the Linksys website. All valid warranties will be honored for current and future Linksys products. |
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