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+

NetworkingWhite Papers & Webcasts

See more White Papers | Webcasts

Answers - Powered by ITworld

Ask a Question
randomness