Cisco owns the brand Linksys since 2003 - long enough for it to become associated only with the products of this company. But things could change in the near future. At the very least, there are rumors about Cisco's plans to sell Linksys.
This is reported by Bloomberg, citing some sources who wished to remain anonymous. It is alleged that Cisco is now busy looking for possible buyers and even turned to representatives of the financial conglomerate Barclays with a request to help her in this matter. The company's desire to finally break with the consumer market is cited as the reason. Cisco is now pursuing a new strategy to focus on the enterprise markets for software and services. The changes began with the fact that in 2012 about 7,800 people were fired, several subsidiaries were closed.
Cisco itself has not yet commented on this information.
