Home > Business & Strategy, Technology & Telecom > Telepresence – Cisco Looking To Sell Linksys and WebEx

Telepresence – Cisco Looking To Sell Linksys and WebEx

Cisco would appear to be unloading its unwanted baggage at a rapid rate. Last month, the company shut down its Flip camera business after revealing that the company wanted to “simplify the way we work and how we focus our attention and resources.”

More simplifying appears to be on the way with Cisco reportedly looking to sell its home networking arm Linksys and its business video chat and collaboration tool WebEx, according to the British newspaper  The Register.

Though the rumors are rife and Cisco hasn’t exactly denied, them, a Cisco spokesman told The Register today that the company was not willing to “comment on rumor and speculation.”

Just last week, when discussing the firm’s third quarter results, Cisco boss John Chambers said that the company would be scaling back on products and people. Analysts have lately wondered out loud whether Cisco would offload Linksys among other consumer brands.

Selling Linksys would make some sense, writes SAI Business Insider. As essentially a consumer brand, it falls outside Cisco’s five new focus areas, which are mostly focused on the b-to-b market: core routing and switching, collaboration, data center
virtualization and cloud, architectures, and video. The WebEx business, though it does fall into Cisco’s “core,” may be competing internally with other collaboration products Cisco wishes to focus on, says Business Insider.

Cisco bought Linksys in March 2003 in a $500 million all-stock deal. In 2007, it purchased WebEx for $2.9 billion. Both purchases represented a direct attempt – at that time – to broaden its consumer portfolio, a policy the company appears to be putting into reverse.

Originally posted at: http://telepresence.tmcnet.com/topics/telepresence/articles/176564-cisco-looking-sell-linksys-webex.htm

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: