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Linksys established its first U.S. retail channels with Fry's Electronics (1995) and Best Buy (1996). In the late 1990s, Linksys released the first affordable multiport router, popularizing Linksys as a home networking brand. [5] By 2003, when the company was acquired by Cisco, it had 305 employees and revenues of more than $500 million. [4] [6 ...
By 2004 the company owned 49% of the networking market, with sales estimated at $538 million. [5] The success of Linksys attracted the attention of the networking giant Cisco Systems, which contacted the Tsaos in 2002. In March 2003, Victor and Janie Tsao agreed to sell the company to Cisco in a deal valued at $500 million. [5]
The majority of companies acquired by Cisco are based in the United States (U.S.) and a total of 149 companies had been acquired as of March 2011. [6] Most of the companies acquired by Cisco are related to computer networking, with several LAN switching and Voice over Internet Protocol (VoIP) companies included in the list of acquisitions. [6]
Typically, this includes routers, switches, access points, network interface cards and other related hardware. This is a list of notable vendors who produce network hardware. This is a list of notable vendors who produce network hardware.
Linksys manufactures a series of network routers. Many models are shipped with Linux-based firmware and can run third-party firmware. The first model to support third-party firmware was the very popular Linksys WRT54G series. The Linksys WRT160N/WRT310N series is the successor to the WRT54G series of routers from Linksys.
Every investor in Cisco Systems, Inc. (NASDAQ:CSCO) should be aware of the most powerful shareholder groups... What Is The Ownership Structure Like For Cisco Systems, Inc. (NASDAQ:CSCO)? Skip to ...
Every investor in Cisco Systems, Inc. ( NASDAQ:CSCO ) should be aware of the most powerful shareholder groups. Large...
U.S. officials are flaunting the idea of an outright ban on the sales of a popular internet router – a device that is sitting in many homes. The investigation comes as concerns have mounted over ...