Cisco to dump Linksys, WebEx?NETWORKWORLD,
by: By Jim Duffy on Wed, 05/18/11 - 9:14pm.Cisco is rumored to be looking to sell its
http://www.networkworld.com/news/2003/0320ciscolinksys.html">Linksys home and consumer networking business as it looks to shave $1 billion in expenses by eliminating product lines and jobs. The Register
http://www.theregister.co.uk/2011/05/18/cisco_linksys_sell_off/">posts this possibility, along with another: "letting go of its
http://www.networkworld.com/news/2007/031607-webex-exec.html">WebEx brand."
The Register cites people familiar with the discussions as its source, and states that Cisco declined to quash the rumor. When a company won't comment on it, as Cisco did in this case, that's pretty much not even acknowledging it.
Cisco's
http://www.networkworld.com/community/blog/should-cisco-sell">been advised to sell off its consumer operations after disappointing performance in both that, and its core switching market.
http://www.networkworld.com/news/2011/030211-cisco-switch.html">Cisco admits it was distracted as it embarked on
http://www.networkworld.com/community/blog/cisco-switching-transition-poorly-managed-and">a significant product transition in switching, and some blame
http://www.networkworld.com/community/blog/cisco-looks-reboot-its-business-model">too much time targeting tangential markets like consumer.
The Register says Cisco could move on Linksys and WebEx as soon as next week.
Full Article:
http://www.networkworld.com/community/blog/cisco-dump-linksys-webex