CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Eliminate costly downtime!
Find out how with Free White Paper
& enter to win a Samsung Galaxy Note

www.apc.com
Saturday, April 19th 
24/7/365 Network Uptime!
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Business Briefing

Cisco Reportedly Looking To Shed Linksys Router Unit

Cisco Reportedly Looking To Shed Linksys Router Unit
December 17, 2012 2:07PM

Bookmark and Share
In April of last year, Cisco announced that it was exiting "aspects" of its consumer business and would "realign the remaining consumer business to support four of its five key company priorities -- core routing, switches and services; collaboration; architecture; and video." Now Cisco is reportedly looking to shed Linksys, its home router business.

APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.

Computer network vendor Cisco Systems is getting ready to sell home router maker Linksys. That's the word on Monday from Bloomberg news service, which cites "people with knowledge of the situation."

According to Bloomberg, Cisco has hired Barclays to find a buyer and handle the sale. In 2003, Cisco bought Linksys for a half-billion dollars, but the sale price now is expected to be considerably less because, as an aging consumer business, Linksys' home and small-office routers have low margins. Since its acquisition, Linksys routers have had a "Linksys by Cisco" brand.

The move is in keeping with Cisco's strategy of focusing on its enterprise software and services, and dropping its consumer business ventures. Earlier this year, Cisco closed its Flip consumer video camera business, eliminating nearly 8,000 jobs.

Dropping 'Aspects' of Consumer Business

Cisco had purchased Flip in 2009. As a pioneer in offering a tapeless, inexpensive digital home video camera, Flip was gaining fans, had good sales numbers and was getting good reviews. Some industry observers have speculated that Cisco was more interested in Flip's intellectual property for its business market than in selling cameras to consumers.

In April of last year, Cisco announced that it was exiting "aspects" of its consumer business and would "realign the remaining consumer business to support four of its five key company priorities -- core routing, switches and services; collaboration; architecture; and video."

To accomplish that plan, it closed Flip and integrated Cisco Umi, its HD consumer webcam, into the company's Business TelePresence product line, among other steps. The company's consumer efforts, said CEO and Chairman John Chambers at the time, would focus on "how we help our enterprise and service-provider customers optimize and expand their offerings for consumers, and help ensure the network's ability to deliver on those offerings."

The Cloud Connect Uproar

In June, Cisco launched its Cloud Connect service and tried to push Linksys router owners to use it -- but ended up creating a storm of feedback from customers.

Cloud Connect provides a service that is intended to make it easier for customers to manage their network, routers, and devices on the network. But, when Connect was launched, the company also updated its new Linksys Smart Wi-Fi routers -- and then the problems began.

The routers, released several months before the Connect launch, had sold more than a half-million units. The update automatically connected the Smart Wi-Fi routers to Connect Cloud, but it also meant that customers could no longer use their existing passwords to log in. Instead, the updated system requested a sign-up for Connect Cloud. (continued...)

1  |  2  |  Next Page >

 

Tell Us What You Think
Comment:

Name:



 Business Briefing
1. Google, Rockstar Suit Stays in Calif.
2. Google Earnings, Sales Disappoint
3. Profit and Revenue Slip for IBM
4. Zynga Launches Mobile FarmVille
5. Tech Giant Alibaba Plans U.S. IPO




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Cisco, IBM Launch Internet of Things Consortium
3. Salesforce CRM Gets Industry Specific for Internet of Customers
4. IBM Applies Big Data Analytics To Fight Against Fraud
5. Intel Bets on Cloudera for Big Data Analytics

Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  Poll: A Mix of Feelings on Future Tech
  Google, Rockstar Suit Stays in Calif.
  Michaels: Nearly 3M Cards Breached
  'Like' Cheerios, Give Up Right To Sue
  Heartbleed Could Cost Millions

 Technology Marketplace

Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
BMC's I.T. solutions unleash the power of your business
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise Hardware
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise I.T.
BMC's I.T. solutions unleash the power of your business
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
Michaels Says Nearly 3M Credit, Debit Cards Breached
Arts and crafts retail giant Michaels Stores has confirmed that a data breach at its POS terminals from May 2013 to Jan. 2014 may have exposed nearly 3 million customer credit and debit cards.
 
Heartbleed Could Cost Millions, Could Have Been Prevented
Early estimates of Heartbleed’s cost to enterprises are running in the millions. The reason: revoking all the SSL certificates the bug leaked will come at a very hefty price.
 
Google's Street View Software Unravels CAPTCHAs
The latest software Google uses for its Street View cars to read street numbers in images for Google Maps works so well that it also solves CAPTCHAs, those puzzles designed to defeat bots.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Google Releases Chrome Remote Desktop App for Android
You're out on a sales call, and use your Android mobile device to grab a file you have back at the office on your desktop. That's a bit easier now with Google's Chrome Remote Desktop app for Android.
 
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 billion, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 

Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.