Thursday, January 24, 2013

Cisco sells home networking business to Belkin

SAN FRANCISCO (Reuters) - Cisco Systems Inc is selling its home networking business to Belkin, the networking giant's latest move to exit the consumer business. The companies did not disclose the financial terms of the deal, which Belkin said on Thursday is expected to close in March. With the sale, Cisco sheds one of the last remaining pieces of its consumer business, following the shutdown of ...

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