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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 ...
Linksys: Computer networking United States $ 500,000,000 [88] November 12, 2003: Latitude Communications: Web conferencing United States $ 80,000,000 [89] March 12, 2004: Twingo Systems: Computer security United States $ 5,000,000 [90] March 22, 2004: Riverhead Networks: Computer security United States $ 39,000,000 [91] June 17, 2004: Procket ...
Victor Tsao (born 1951), or Ts'ao Ying-wei (Chinese: 曹英偉; pinyin: Cáo Yīngwěi), is a Taiwanese-American entrepreneur born in Taiwan and hardware engineer.Tsao and his wife Janie co-founded Linksys, a consumer home networking pioneer, and sold the company to Cisco Systems for $500 million in 2003.
Janie Tsao (born 1953), née Wu Chien (Chinese: 吳健; pinyin: Wú Jiàn), is a Chinese American entrepreneur born in Taiwan and hardware engineer.She and her husband Victor co-founded Linksys, a consumer home networking pioneer, and sold the company to Cisco Systems for $500 million in 2003.
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In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate takeovers.