UPDATE: Cisco to buy Linksys in $500M stock deal

IDG News Service |  Networking

Buying Linksys, a company with a leading share of the market and an established brand name, will instead allow Cisco to "jump start" its entry, he said.

Shares of Cisco (CSCO) dipped slightly following the announcement, trading down 1.6 percent, at $14.00, at midmorning on the Nasdaq exchange.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Answers - Powered by ITworld

ITworld Answers helps you solve problems and share expertise. Ask a question or take a crack at answering the new questions below.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Ask a Question