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Cisco Targets Home Run with $500M Linksys Buy

Posted: Fri Jul 25, 2003 3:05 am
by Augix
"The leading position of Linksys offers a tremendous top-line growth opportunity," Charles Giancarlo, senior vice president and general manager of product development at Cisco, told the E-Commerce Times. The home networking gear market is projected to grow from $3.7 billion in 2002 to $7.5 billion in 2006, according to the Dell'Oro Group.

http://www.technewsworld.com/perl/story/21052.html

Posted: Fri Jul 25, 2003 3:09 am
by TheManiacal1
even after all this... linksys products still suck. SMC and Netgear make far more reliable products. it's beyond me why linksys is so popular as the only consistency they have with their products is that they consistantly suck. hehe

ultimately however, i think that this is a good way for cisco to position themselves in the home/soho market.